We are excited to announce our latest collaboration with Fragmetric, a new liquid restaking protocol on the Solana network.
This collaboration will help drive the future of decentralized finance (DeFi) and restaking on Solana, allowing users to contribute to the network while enjoying the benefits of native staking.
Understanding Fragmetric
Fragmetric is a native liquid restaking protocol that allows users to restake their assets on Solana while keeping them liquid. This means users can continue earning staking rewards without locking up their tokens, thereby making Solana’s network more secure and boosting its economic performance.
Fragmetric focuses on three key objectives:
- Create and maintain a high-quality LRT standard that ensures accurate reward distribution across multiple protocols.
- Expand LSTs support on Jito (Re)staking with the Normalized Token Program, which allows Fragmetric to accept various Liquid Staking Tokens (LSTs), not just $JitoSOL.
- When users restake with Fragmetric, they become part of the Solana Network Guard (SANG), contributing to decentralization and ecosystem development.
Furthermore, $fragSOL, the first liquid restaking token (LRT) on Solana, is central to achieving these objectives.
What is $fragSOL?
$fragSOL is the token you receive when you restake your SOL or other Liquid Staking Tokens (LSTs) like $JitoSOL, $mSOL, or $bnSOL through the Fragmetric protocol.
In addition, $fragSOL allows users to earn Solana staking yields, MEV rewards, and additional income from various restaking protocols, all while maintaining the full liquidity of their assets.
Our Collaboration with Fragmetric
As a leading node operator, InfStones is proud to collaborate with Fragmetric to help bring liquid restaking to Solana.
Through this collaboration, we will join Fragmetric as one of its Aligned Node Operators. In this role, InfStones will be crucial in validating transactions and improving the security of Node Consensus Networks.
Conclusion
Our collaboration with Fragmetric is just the start. We're focused on advancing staking and liquidity on Solana. Together, we'll work to make staking more accessible while ensuring the network remains secure and decentralized.
Stay tuned for updates as we introduce new features to support the growth of the Solana ecosystem.
InfStones is an advanced, enterprise-grade Platform as a Service (PaaS) blockchain infrastructure provider trusted by the top blockchain companies in the world. InfStones’ AI-based infrastructure provides developers worldwide with a rugged, powerful node management platform alongside an easy-to-use API. With over 20,000 nodes supported on over 80 blockchains, InfStones gives developers all the control they need - reliability, speed, efficiency, security, and scalability - for cross-chain DeFi, NFT, GameFi, and decentralized application development.
InfStones is trusted by the biggest blockchain companies in the world including Binance, CoinList, BitGo, OKX, Chainlink, Polygon, Harmony, and KuCoin, among a hundred other customers. InfStones is dedicated to developing the next evolution of a better world through limitless Web3 innovation.