Fragmetric Liquid Restake Program is live on Solana Mainnet!
Program Information
- Program Address: fragnAis7Bp6FTsMoa6YcH8UffhEw43Ph79qAiK3iF3
- Verifiable Build Hash: (repository is going to be public soon)
- Git Commit Hash: (repository is going to be public soon)
- $fragSOL Token and Accounts
- Token Mint: FRAGSEthVFL7fdqM8hxfxkfCZzUvmg21cqPJVvC1qdbo
- Fund: 3TK9fNePM4qdKC4dwvDe8Bamv14prDqdVfuANxPeiryb
- Normalized Token Pool: AkbZvKxUAxMKz92FF7g5k2YLCJftg8SnYEPWdmZTt3mp
- Reward: Cn9ziQ249Mg7h8Ef5XVaYsTHQ1Zw4DdyP73uXNJKZwAV
Audit Reports
- QuantStamp: View the audit report
- Certora: View the audit report
Features
- Fund Implementation:
- Deposit & Mint:
- Native SOL deposits to the Fund and mint LRT.
- LST deposits to the Fund and mint LRT. - Deposits using liquid staking tokens (LSTs), including mSOL, bSOL, and jitoSOL.
- LST Pricing:
- Pricing based on stake pools ensures accurate valuation of deposits using LSTs, reflecting real-time stake pool data for tokens like mSOL, bSOL, and jitoSOL.
- Withdrawal & Burn:
- Native SOL withdrawal from the LRT Fund and burn LRT. Withdrawal and burn ratio is based on LRT pricing at withdrawal.
- Deposit & Mint:
- Fund Operator Implementation:
- Operator Instructions:
- Withdrawal batch process invocation.
- Reward pool update to calculate contribution.
- Operator Instructions:
- Reward System Implementation:
- Implementation of reward accrual, tracking, and settlement covering various reward types, including arbitrary tokens, points, and SOL.
- Tracking every LRT transfer across the entire Solana network and calculating contributions for rewards using the Token Extension (Token2022 program) - Transfer Hook.
$fragSOL: Launch of the first Solana-native LRT
- Fund Configuration:
- Currently supports SOL, mSOL, and jitoSOL deposits, depending on their respective capacities.
- Withdrawal and transfer will be enabled with upcoming update on the Mainnet.
- Reward System Configuration:
- Base Pool (POOL_ID: 0) : Reward pool for future AVS/NCN rewards.
- Bonus Pool (POOL_ID: 1) : Reward pool for Fragmetric's own rewards including fPoint, etc.
- F Point (REWARD_ID: 0): Points for Fragmetric's future token airdrops.
- Customized Accrual Rate: A contribution boost is applied only to the Bonus Pool and is effective only for fPoint rewards. It is effective when deposits are made using the Backpack wallet.
Upcoming Features (coming early-November)
- Restaking Protocol Integration:
- Jito Restaking Protocol vault program integration.
- Fund Operator Implementation:
- A finite state machine which fully circulates underlying assets with different types of assets, such as SOL, LSTs, nSOL and VRT based on the fund strategy and withdrawal requests.
- A single type of instruction can be called repeatedly to cycle through entire asset flows, regardless of each state.
- Anyone can call this operator to execute asset flows, though authorization is required to configure the fund strategy.
- $fragSOL - Fund Configuration:
- Withdrawal and transfer will be enabled.