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One public crypto firm just staked its way to breaking even, but a $50M paper loss and 66% dilution threat tell a darker story

CryptoSlate Published 01.08.2026 21:05

Stablecoin Development Corporation, a public company built around holding and staking Sky Protocol's SKY governance token, reported that $2.2 million of second-quarter staking revenue roughly matched its company-defined cash operating…

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