๐ Fragmetric has just secured $7.00M in its latest funding round! ๐
๐นAbout: Fragmetric is a Solana-based liquid restaking protocol designed to enhance the security and economic growth of Solanaโs ecosystem. By introducing $fragSOL, the first Liquid Restaking Token (LRT), Fragmetric allows users to earn yields on their staked SOL and liquid staking tokens while participating in DeFi. The platform leverages Solanaโs token extension to optimize the distribution of staking, MEV, and NCN/AVS rewards. Users can utilize $fragSOL as collateral, provide liquidity, or trade on decentralized exchanges (DEXs). Fragmetric aims to build a robust restaking ecosystem through standardized LRTs and community contributions. The protocol also collaborates with Sonic to operate dedicated nodes within Solanaโs HyperGrid Shared State Network (HSSN), ensuring seamless atomic swaps and preventing state collisions. Additionally, Fragmetric is developing a public SDK to help dApp developers integrate restaking and data security protocols into their projects. With its innovative approach, Fragmetric is set to revolutionize how Liquid Restaking Tokens are used on the blockchain.๐๐
๐น Lead Investors: Hashed Fund, Hypersphere Ventures, Bitscale Capital, Finality Capital Partners, Presto Labs and many more.
๐น Total Raised: $7.00M.
๐น Project Category: DeFi, LSDfi on Solana.
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