August 29, 2024 • 1 minute reading time

Fragmetric Announces Jito (Re)staking Integration

Jito Foundation
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Solana HFT

We're excited to announce that Fragmetric, a pioneering protocol in the liquid restaking space, will be launching fragSOL, the first Solana-native Liquid Restaking Token based on Jito Restaking's Vault Receipt Token (VRT) system.

Fragmetric's innovative approach leverages Solana's unique features to address key challenges in the liquid restaking ecosystem. fragSOL utilizes Solana's token extension capabilities to ensure precise distribution of Node Consensus Network (NCN) rewards, and introduces a Normalized Token Program to manage multi-asset staking and slashing effectively.

For more details , please read Fragmetric's full announcement.

Projects interested in building on the Jito (Re)staking platform are encouraged to contact us through this form. This includes NCNs, VRTs, and node operators.