Fragmetric operates as a liquid restaking protocol on Solana, where users deposit SOL or Liquid Staking Tokens (LSTs) to receive frSOL tokens. These tokens maintain liquidity and can be used across DeFi platforms while earning rewards from staking, MEV, and NCNs. The protocol uses its Normalized Token Program to ensure fair token issuance and efficient reward distribution.
Is Fragmetric a secure platform?
Fragmetric prioritizes security through audits conducted by Certora and Quantstamp, ensuring the integrity of its protocols. It leverages Solana's native token extensions and implements risk management mechanisms like slashing to protect assets. Additionally, its decentralized validator system contributes to network stability and minimizes vulnerabilities.
How to use Fragmetric?
To use Fragmetric, users connect their Solana-compatible wallet to the platform, deposit SOL or LSTs, and receive frSOL tokens in return. These tokens can be staked further or utilized in DeFi applications for additional yield opportunities. The platform simplifies the process with automated reward calculations and periodic withdrawal options.
What services does Fragmetric offer?
Fragmetric provides liquid restaking services that maximize staking yields through SOL and LST deposits while maintaining liquidity via frSOL tokens. It offers multiple revenue streams, including staking rewards, MEV earnings, and NCN incentives. Additionally, users benefit from integrated DeFi opportunities and community-centric initiatives like the SANG program.
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