Restaking Protocol, Fragmetric
https://app.fragmetric.xyz/restake/
Fragmetric is one of the most trusted and Jito-backed restaking protocols on Solana. One of the main visions of this protocol is to enhance Solana's economic security. Through Fragmetric restaking, users can earn additional revenue on top of rewards from Solana validation and MEV rewards.
Restaking involves staking already staked assets and also supports non-LST tokens. Through this process, users can generate additional revenue beyond normal staking rewards.
Fragmetric issues its own Liquid Restaking Token (LRT), fragSOL, for restaking users, which generates additional revenues.
fragSOL can be utilized in many DeFi protocols like general LSTs. It can be used as collateral for borrowing, and users can provide liquidity in DEX liquidity pools through pairs like SOL-fragSOL or USDC-fragSOL. Additionally, it can be traded on most DEXs, similar to high-value SOL coins.
This post is also published on Medium on April 6, 2025, by the same author.