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Fragmetric to Launch FRAG Token: A New Era in DeFi

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by Giorgi Kostiuk

7 hours ago


Fragmetric finds itself in the spotlight of the crypto industry with the launch of the FRAG token, which will be the first native liquid restaking protocol on Solana.

Key Features of FRAG Token

Fragmetric has announced the launch of its FRAG token, which will be part of the new DeFi standard FRAG-22. The protocol provides users and developers with advanced tools such as modular yield, multi-asset deposits, and reward distribution.

Airdrop: Conditions and Process

The airdrop of tokens has already begun. Users who participated in previous campaigns can check their eligibility for the airdrop. Snapshots for the first wave of the drop were taken on June 24, and the token claiming process will start on July 2 at 7:30 AM UTC. To claim the tokens, users need to:

* Connect their wallet * Sign in * Check their airdrop rewards * Click 'Claim'

Prospects and Tokenomics of FRAG

The total supply of FRAG tokens is 1 billion, divided into several key segments:

* **30% - Ecosystem and Community:** For growth, grants, and development support. * **22% - Investors:** Early backers of the project. * **15% - Airdrops:** Distributed among early users. * **13% - Foundation:** For legal, strategic, and operational purposes. * **20% - Core Contributors:** Developers and team members. This structure highlights the project's long-term focus on development and community involvement.

Fragmetric is entering the market with a community-first approach and detailed tokenomics. The interest from users in the new token and its airdrop suggests active participation on its first trading day.

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