đ Exciting News for Solana! đ
Fragmetric and Jito have teamed up to launch Solana's first native Liquid Restaking Token (LRT), fragSOL! This innovative token aims to boost liquidity and optimize yields for staked SOL assets. đ
Key Highlights:
- **fragSOL** is based on Jitoâs (Re)staking Vault Receipt Token (VRT).
- It tackles reward allocation and slashing issues uniquely on Solana.
- Utilizes Solanaâs token extension and transfer hook for precise reward distribution.
Join the conversation! What do you think about this new partnership? Drop your thoughts below! đŹ
#CryptoNews #Solana #fragSOL
