Fragmetric (FRAG) started out as the first native liquid (re)staking protocol on Solana and has since developed into the advanced FRAG-22 asset management standard. This standard combines multi-asset deposits, accurate reward distribution, and modular yield sourcing, allowing developers and users to access complex DeFi strategies with greater efficiency.

By utilizing Solana’s Token extension, FRAG-22 provides clear, real-time tracking of rewards and simplified liquidity management. The protocol focuses on composability, scalability, and a uniform user experience within the Solana ecosystem, supported by secure protocols and well-defined operational roles.

The FRAG token handles governance for Fragmetric. It will be used to govern assets issued by Fragmetric, including fragSOL, fragJTO, and fragBTC, as well as to manage key protocol parameters across the Fragmetric Protocol. These parameters include selecting fund managers and restaking node operators, setting operator validation parameters, curating supported AVSs (NCNs), managing supported assets (LSTs), and whitelisting new NCNs for integration with Fragmetric.

Fragmetric aims to deliver a secure, transparent, and highly efficient infrastructure for asset management. Its goal is to let users (re)stake easily and earn additional restaking rewards in a fair and efficient manner, while also supporting the stability of Solana’s financial and security ecosystem.

Fragmetric relies on FRAG-22, its central technology, which is an asset tokenization framework constructed using Solana’s Token 2022 transfer hook extension. While the standard was first created for liquid restaking, it currently accommodates diverse asset classes, adaptable reward payouts, and connections to various yield-producing strategies.

• Unified Multi Asset Deposits: Through one interface, FRAG-22 enables users to deposit varied tokens. Logic for normalization and aggregation transforms these inputs into a single fungible token, which enhances liquidity efficiency and lowers transaction costs for intricate yield strategies.
• Precision Real Time, Multi Reward Distribution: Leveraging Solana’s transfer hook extension, FRAG-22 updates reward balances onchain with each transaction. This method ensures allocations remain up to date, even amidst high frequency trading. Users may claim their accrued rewards at any moment via the Fragmetric application interface.
• Modular Yield Integration Framework: The standard employs a plug-and-play system for linking lending platforms, liquidity pools, structured products, and other DeFi tools. This modular design simplifies the process for Fragmetric to incorporate new yield sources as market dynamics shift, aiding users in preserving capital efficiency.