Charlie Garcia
What is Fragmetric?
Fragmetric is a cutting-edge liquid restaking protocol designed on the Solana blockchain, with the goal of enhancing the security and economic effectiveness of the ecosystem. Using Solana’s token extension features, it innovates NCN (Network Controlled Nodes) reward distribution, distinguishing itself from conventional staking methods. At its foundation, it introduces the Normalized Token Program, an inventive approach that seamlessly integrates various Liquid Staking Tokens (LSTs) into restaking platforms.
The standout feature of this protocol is its ability to establish a more secure and effective restaking framework within Solana. The fragSOL token provides users access to a diverse range of yield opportunities, including staking incentives, MEV rewards, and revenue generated from restaking in well-known protocols such as Jito, Solayer, and Picasso.
Fragmetric airdrop Details
Fragmetric has introduced a point-based reward system named F Points, which might eventually lead to a token airdrop, although this is not yet confirmed. This system awards users based on their staking actions, with the calculation being: F Points = total tokens staked × seconds staked × 0.001. A noteworthy aspect is that users utilizing the Backpack wallet can boost their earnings by 1.3 times, which reflects Fragmetric’s focus on collaborating within the ecosystem.
The system also includes a referral program, allowing users to earn additional rewards by inviting friends to participate. Referrers earn 10% of the F Points accumulated by their invites, while those referred enjoy a 10% increase in their own F Points collection.
How to Participate in the Fragmetric Points Program
- Prerequisites
- A Solana wallet (Backpack wallet is recommended for a 1.3x boost)
- SOL or JTO tokens for staking
- Basic knowledge of Solana transactions
- Set Up Your Wallet
- Open a Backpack wallet if you don’t have one (recommended for the 1.3x boost)
- Ensure you have enough SOL for transaction fees
- Acquire Staking Tokens
- Buy SOL and/or JTO from Binance
- Transfer the tokens to your Solana wallet
- Remember to keep some SOL for transaction fees
- Connect to Fragmetric
- Go to the Fragmetric platform
- Select “Connect Wallet” and choose your wallet
- Approve the connection request
- Choose Your Staking Vault
- Go to the vaults section
- Pick either the fragSOL or fragJTO vault depending on your tokens
- Review the staking terms and rewards structure
- Initiate Restaking
- Specify the amount you want to stake
- Click “Restake”
- Confirm the transaction in your wallet
- Set Up Referrals
- Access the “Rewards” page
- Select “Referral”
- Create your unique referral link
- Distribute it to earn extra F Points
Maximizing Your F Points
- Use Backpack Wallet for a 1.3x multiplier on your F Points
- Engage in Long-term Staking for greater F Points accumulation
- Diversify your staking by using both fragSOL and fragJTO vaults
- Encourage referrals by sharing your link to earn passive F Points
- Regularly check the “Rewards” page for updates
- Be alert for future mission opportunities
Frequently Asked Questions
How are F Points calculated?
F Points are determined using the formula: total tokens staked × seconds staked × 0.001. The Backpack wallet provides a 1.3x multiplier on this calculation.
Is there a minimum staking amount?
Fragmetric does not specify a minimum amount for staking; however, consider transaction fees when deciding your stake size.
How long should I stake for?
Since earning points depends on time, longer staking periods yield more F Points. Align this with your investment timeline and liquidity preferences.
Can I unstake at any time?
Yes, but keep in mind that unstaking stops your F Points accumulation for those tokens.
Conclusion
The Fragmetric points program introduces a novel method for rewarding users engaged in Solana’s liquid restaking landscape. By following this guide and staying actively involved with the protocol, users can enhance their opportunities for future rewards while supporting the security and stability of the network.
If you’re looking for more projects without tokens that might offer a governance token airdrop to early users, check out our list of potential retroactive airdrops so you won’t miss the next DeFi airdrop!
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