Fragmetric Launches FRAG Token, First Airdrop Allocation 10% of Total

Fragmetric, a rising star in Solana’s restaking ecosystem, has just dropped big news: the launch of the FRAG token and a juicy 10% airdrop of its total supply for its community. This move marks a bold step toward decentralizing Solana while empowering users to shape the platform’s future. Let’s break down what this means, why it’s exciting, and how you can get in on the action.

Want to trade crypto while reading our latest news? Head over to Bitrue and explore your options today!

What is Fragmetric?

Since kicking off in October 2024, Fragmetric has been laser-focused on making Solana’s ecosystem more decentralized and inclusive. Their goal? Build a liquid restaking platform that benefits everyone involved, users, developers, and partners alike. 

Powered by Solana’s lightning-fast performance and innovative Token Extension standard, Fragmetric is carving out a unique space in the DeFi world.

The Fragmetric Foundation

To supercharge this mission, Fragmetric has launched the Fragmetric Foundation, a dedicated organization to drive the platform’s growth and innovation. 

The foundation is all about fostering a robust, community-driven ecosystem that leverages Solana’s high-speed blockchain for liquid restaking. Think of it as the backbone for Fragmetric’s long-term vision of a decentralized, user-first platform.

Read Also: What is Solana Devnet Faucet and How to Earn: Full Guide?

Introducing the FRAG Token

The FRAG token is the cornerstone of Fragmetric’s next chapter. It’s not just another crypto token, it’s a tool to give users a real say in how the platform evolves. With $FRAG, community members can influence governance decisions and help steer the strategic direction of the protocol. This token is all about putting power in the hands of those who’ve helped build Fragmetric from the ground up.

Why It Matters

By launching $FRAG, Fragmetric is doubling down on its commitment to decentralization. The token enables a governance model where users, dubbed the SANG (Solana Network Guard) community, call the shots. 

Whether you’re an early adopter or a new user, $FRAG gives you a stake in shaping the future of liquid restaking on Solana.

The FRAG-22 Standard: A Game-Changer

At the core of Fragmetric’s tech is the FRAG-22 asset standard, a slick innovation that makes restaking on Solana a breeze. This standard allows diverse Liquid Staking Tokens (LSTs) to integrate seamlessly with Jito (Re)staking, a leading restaking protocol. 

For the first time, an LST owned by a publicly listed company is part of this mix, a groundbreaking move for liquid restaking on Solana.

Exclusive Partnerships

Fragmetric isn’t going it alone. They’ve teamed up with top-tier Node Consensus Networks (NCNs) like Switchboard and Ping Network. These partnerships leverage FRAG-22’s standout feature: precision real-time multi-reward distribution. This means users can earn rewards more efficiently, making Fragmetric a go-to platform for restaking enthusiasts.

Read Also: Who Eligible for Newton Protocol Airdrop? Earn NEWT Token

The 10% Airdrop: Get Involved!

To celebrate the $FRAG launch, Fragmetric is giving away 10% of the total token supply to its users and community. 

This airdrop is a big thank-you to early supporters and a warm welcome to newcomers who want to join the Solana Network Guard (SANG). The best part? The airdrop is fully unvested at launch, so you can start using your tokens right away.

Season 2 and Beyond

Fragmetric’s Season 1 laid the groundwork, building a vibrant community and real network effects. Now, Season 2 is on the horizon, promising even more opportunities to earn rewards. 

Keep accumulating F Points to qualify for the next airdrop. While details for Season 2 are still under wraps, any activity after the initial snapshot (pre-Season 2 announcement) may count retroactively. So, stay active!

What’s Next for Fragmetric?

The Fragmetric Foundation is already planning big things. Expect more partnerships, enhanced features for the FRAG-22 standard, and deeper integration with Solana’s ecosystem. The focus remains on making liquid restaking accessible, efficient, and rewarding for all.

Read Also: Quantum Wallet Airdrop Listing Date and Price: When and How Much?

Why Fragmetric Stands Out

Unlike many DeFi protocols, Fragmetric isn’t just about tech, it’s about people. The SANG community has been key to its success, creating a network effect that’s rare for a deposit-based restaking platform. By putting governance in users’ hands, Fragmetric ensures its growth aligns with what the community wants.

Solana’s Edge

Solana’s high-speed, low-cost blockchain is the perfect home for Fragmetric. With the Token Extension standard, Fragmetric can offer unmatched performance for liquid restaking, setting it apart from competitors on other chains.

Conclusion

The launch of the FRAG token and its 10% airdrop is a game-changer for Solana’s restaking scene. With the Fragmetric Foundation leading the charge, a cutting-edge FRAG-22 standard, and a passionate SANG community, Fragmetric is poised to redefine liquid restaking. 

Whether you’re a DeFi veteran or just dipping your toes in, now’s the time to jump in, earn F Points, and grab your share of the airdrop. Stay tuned for Season 2 updates, and follow Fragmetric or visit their website for the latest news.

FAQ

Q1: What is the FRAG-22 standard and why does it matter?

A1: FRAG-22 is Fragmetric’s custom asset standard that streamlines liquid restaking on Solana. It supports real-time multi-reward distribution and integrates easily with Jito (Re)staking.

Q2: How does $FRAG token support governance?

A2: $FRAG gives users governance rights through the SANG community, letting them vote on key decisions and shape Fragmetric’s roadmap directly.

Q3: Who qualifies for the 10% airdrop and is it vested?

A3: Early supporters and new users in the SANG community qualify. Best part? It’s 100% unvested at launch, use your tokens immediately.

Bitrue Official Website: 

Website: https://www.bitrue.com/

Sign Up: https://www.bitrue.com/user/register

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.