What is Fragmetric (FRAG)?

What is Fragmetric?

(Source: blog.fragmetric)

Fragmetric is the pioneer of the first re-staking protocol in the Solana ecosystem. Over time, it has evolved into an advanced asset management protocol based on the FRAG-22 standard. This new standard features multi-asset deposits, precise reward distribution, and modular yield-oriented design, creating the best path for users and developers towards efficient DeFi strategies.

FRAG-22 Based on Solana's Token Extension technology, it not only brings instant and transparent revenue tracking but also significantly enhances liquidity management efficiency. Through its modular structure design and clear operational permissions, Fragmetric sets a new benchmark for asset management on Solana.

A New Era of Solana Staking and Restaking

In Solana's high-speed blockchain architecture, Fragmetric seizes the innovative potential of Liquid Staking and Restaking. Here are the core components in its ecosystem:

• Staking: Delegating SOL to validators in exchange for rewards for contributing to network security.
• Liquid Staking Tokens (LST): such as mSOL or JitoSOL, provide liquidity to holders and can participate in DeFi.
• Restaking: Re-staking LST on other protocols or services to amplify yield sources.
• Liquid Restaking Tokens (LRT): For example, fragSOL, which is a composite asset that retains re-staking rewards and DeFi liquidity.

This design allows Fragmetric users to participate in multiple reward paths simultaneously, enhancing asset efficiency and strengthening the security and effectiveness of the Solana ecosystem.

SANG: Guarding the Solana Network

SANG, short for Solana Network Guard, is the core identity of the Fragmetric community, representing restakers who not only participate in the ecosystem but also take on the mission of protecting the Solana network. Joining SANG means not only participating in staking but also growing together with the protocol and having the opportunity to directly engage in the development, research, and promotion of key infrastructures such as NCN (Node Consensus Networks) and AVS. One of the founders of Fragmetric is also named Sang, personally participating as a member of the community, symbolizing the true spirit of collaboration within Fragmetric.

Achievements and Integration of the Protocol

Since its launch in October 2024, Fragmetric has shown strong growth potential:

• fragSOL TVL breaks 300 million USD
• The number of users exceeds 80,000.
• Integrate LST with the Jito (re)staking protocol to achieve unprecedented LRT liquidity.
• Establish exclusive partnerships with NCN such as Switchboard and Ping Network.
• Integrate mainstream DeFi protocols such as Orca, Kamino, Loopscale, RateX, and Exponent.

These milestones make Fragmetric an undeniable force in the field of re-staking on Solana.

The tokenomics of Fragmetric

FRAG is the native governance token of the Fragmetric protocol, with a total fixed supply of 1 billion tokens (1,000,000,000 FRAG), with no further issuance. Below are the token distribution and unlocking details:

1. Ecosystem and Community Development (30%)
   To support the growth and innovation of the Fragmetric ecosystem, covering developer support programs, DeFi protocol integration, and community activities. About one-third of this portion is immediately unlocked, while the remainder is released linearly on a quarterly basis over a period of four years.

2. Airdrop (15%)
   Used to reward long-term users and protocol participants such as fragSOL, fragBTC, etc. The first 8% has been sent in the LF(ra)G first quarter, and the remainder will be allocated gradually based on contribution.

3. Investors (22%)
   Allocated to early investors supporting protocol development. This portion of 10% will be unlocked at TGE, with the remaining subject to a 12-month lock-up period, and will be released linearly over the following 24 months.

4. Core Contributors (20%)
   Allocated to the Fragmetric team and advisors. This portion is locked for one year and then released linearly over the next two years.

5. Foundation Reserve (13%)
   Used to fund future risk assessments, protocol upgrades, research collaborations, and community operations. It will be released every three months over a period of four years.

(Source: blog.fragmetric)

Token Use

The design core of FRA includes the following uses:

• Governance Voting Rights: Staking FRAG allows participation in key protocol decisions, such as incentive distribution, node and fund management rules, etc.
• Reward participants: Staking FRAG can earn extra rewards and increase points in LF(ra)G community activities.
• Community participation and development support: The token will drive ongoing growth in development plans, protocol upgrades, and community incentives.

FRAG spot trading will start on July 1, 2025, at 16:30 (UTC+8). If you want to learn more about Web3 content, click to register:https://www.gate.com/

Summary

Through the innovative token standard FRAG-22 and the deep integration with Solana's restaking mechanism, Fragmetric is paving a new path for decentralized financial asset management. From staking to LST, from LRT to NCN, Fragmetric not only provides yields but also connects the entire Solana security layer and economic vitality. In the future, as governance rights are gradually handed over to community holders, FRAG will become not just a pass to participate in the protocol, but also a key engine driving the development of Solana.