4 articles
Keystone pitches Drift on ksUSD, built on SOL-PERP funding
A new proposal would turn Drift’s perpetual funding rates into a yield source for a Solana-native productive dollar backed by on-chain sources of carry — and position Keystone as a potential relaunch partner.
last month·Written by SolanaWire Editor·1
Keystone pitches Jito on a dollar that buys jitoSOL
Keystone Finance has filed its second Solana governance proposal in two days, this time on the Jito forum, and again it isn’t asking for money. The June 2 post — “Keystone × Jito: New jitoSOL Demand from Dollars That Can’t Hold It” — proposes making jitoSOL the default staking asset, collateral asset, and vault holding for ksUSD, Keystone’s productive dollar designed to coordinate carry across Solana’s capital markets.
2 months ago·Written by SolanaWire Editor·2
Drift Hack Likely DPRK-Linked, Cost Protocol $285M Through Pre-Signed Transactions
A new Chainalysis post-mortem of April's $285M Drift Protocol exploit traces the attack to months of social engineering, the use of Solana's "durable nonces" feature, and on-chain markers consistent with North Korean actors.
2 months ago·Written by SolanaWire Editor
Keystone Returns to Jupiter DAO With Narrower ksUSD Proposal: "Narrower, Correct, and Honest"
Keystone Finance has submitted a second Jupiter DAO proposal for ksUSD, its yield-bearing dollar on Solana — this time with no treasury ask, asking only that Jupiter V6 serve as the protocol's sole swap router.
2 months ago·Written by SolanaWire Editor·3