zonbex ๐
32 posts
zonbex ๐
@zonbexx
๐ = @fragmetric https://t.co/8OI8oiY0YV
๊ฐ์
์ผ Mayฤฑs 2024
41 ํ๋ก์32 ํ๋ก์
@fragmetric x @everstake_pool
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๐ฅEverstake has joined Fragmetric as one of the Fragmetric Aligned Node operators!๐
Everstake is a responsible validator founded in 2018 and has played a key role in the success and growth of Solana since its initial launch.๐
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zonbex ๐ ๋ฆฌํธ์ํจ
this is america
honored to be building in a new crypto regime led by @DavidSacks
MOVE to the white house
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๐ฅStrategy Manager๐ฅ
The Strategy Manager in Liquid Restaking Program is responsible for managing asset movements according to dynamically changing configurations. These configurations are adjusted based on withdrawal requests and the governance-driven restaking portfolio.
The Strategy Manager ensures the reconciliation of asset amounts between the fund, reserved fund, restaking protocols, and staking protocols. Its tasks include setting target amounts for the reserved fund account (to handle withdrawal requests) and determining unstaking and restaking amounts to maintain these targets. It configures investment allocations and delegates funds to Node Consensus Network Node based on the latest configurations.
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๐Staking Protocol Adaptor๐
Fragmetric currently supports staking protocols such as Jito and Marinade with plans to include more in the future. Since each protocol's implementation is not standardized, we need to generalize the interface for each staking protocol. This module creates an abstract layer for each protocol, and each adaptor implements its protocol through cross-program invocation based on that interface, as invoked by the Strategy Manager. It includes methods for staking and unstaking.
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๐ฅRestaking Protocol Adaptor๐ฅ
Similar to the Staking Protocol Adaptor, Restaking Protocol Adapter supports various restaking protocols, including Jito, Solayer, and Picasso. It creates an abstract layer for each restaking protocol and implements methods for restaking and unstaking. Additionally, it optionally implements a delegation rebalancing method to adjust the delegation amounts for opted-in Node Consensus Network within the restaking protocol. This is available if the protocol is based on NCNs.
#crypto #staking #restake #Solana
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Operation of the fund ๐ฅ๐ฅ๐ฅ
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The Liquid Restaking Program manages staking, restaking, withdrawal operations, and the execution of restaking strategies. It handles all asset flows from the fund and rewards, and configures the investment strategy through integration with various staking and restaking protocols.
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@fragmetric - Liquid Restake Program - Restake Module
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The Liquid Restake Program is the core component responsible for managing user assets. It handles user deposits and mints the corresponding $fragSOL tokens based on pricing from Normalized Token Program (details in next section). And it records user withdrawal requests, making reserves to handle claims in time. Such withdrawal requests are periodically read by the program for execution.
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Yo๐! you're about to learn about the primary mission of @fragmetric ๐ฅ.
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Over time, our beloved Solana๐gets faster as its hardware accelerates. This eliminates the need for vertical scaling. ๐คฏ
๐ค However, services like oracles, bridges, Keeper networks, and others requiring off-chain consensus will continue to operate off-chain while sustaining on-chain activities on Solana.๐
The challenge is that the consensus mechanisms of these app-specific chains are not aligned with Solana's consensus. Restaking offers a new solution: instead of app-specific chains using their own tokens for consensus, they can utilize Liquid Staking Tokens (LSTs)๐ต, ensuring network security. By staking SOL, users secure the Solana network, and by staking LSTs, they secure the off-chain consensus chains. However, this introduces a risk management problem for retail users.๐ฅ
๐คThis is where Fragmetric comes in. We aggregate retail deposits and restake them on behalf of users, securing both off-chain consensus and protecting users' funds. We are building the liquidity layer for the restaking era.๐ Starting with $SOL and LSTs, any token can be restaked to secure the network. Fragmetric persistently aggregates liquidity from Solana and delegates it to off-chain consensus platforms, supporting economic security ecosystem of Solana and maximizing yield for retail users.๐
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๐คLong wanted to start earning rewards for remaking on Solana, but didn't know how?๐ Fragmetric can help you! ๐ฅ
@fragmetric is the first Solana native Liquid Restaking Protocol. By staking $SOL or LSTs such as $mSOL, $jitoSOL, and more with Fragmetric, earn restaking rewards in addition to their staking and MEV rewards๐ฐ
How does all this happen??? โฌ๏ธ
๐ตDeposits made via Fragmetric will be farmed out across various restaking platforms such as Jito Restaking, Solayer, Picasso, and Cambrian following a yield-maximizing strategy. ๐ฅ
Therefore, Fragmetric users get maximum benefit and profitability without the risk of losing their money! ๐ค
What is $fragSOL ?โฌ๏ธ
๐ฅ$fragSOL is a Liquid Restaking Token that serves as a representation of one's position in the Jito (Re)staking process of the Fragmetric protocol. In the same way that $mSOL, $jitoSOL, and $INF are Liquid Staking Tokens that offer users their staking position, $fragSOL offers them their restaking position. You are able to claim your rewards coming from restaking protocols if you have $fragSOL and use it inside DeFi apps at the same time.! ๐คฏ
What is SANG? โฌ๏ธ
SANG is an abbreviation for SolanA Network Guard, and it refers to our community members who restake their tokens using Fragmetric. By becoming a SANG, you become more than just a user; you become a protector of the Solana ecosystem, contributing to the security and enhancement of both on-chain and off-chain services. ๐คฏ
๐คBut here's a cool fact: our cofounder's name is also Sang. He embodies the spirit of SANG by leading and participating as a full member of our community. This means that when you join us as a SANG, you'll be working alongside our cofounder to protect and grow the Solana network. ๐ฅ
By joining SANG, you're doing more than just protecting your own assets. You are actively contributing to the growth and protection of the entire Solana ecosystem. We collaborate on research, develop new solutions, and launch innovative products such as NCN/AVS. Our collective efforts ensure that Solana remains decentralized, trustworthy, and continues to thrive. ๐ค
๐Essentially, anyone can join Fragmetric at the same level as our cofounder by gaining the role of a SANG. We're all working together to protect and expand the Solana ecosystem, and we'd love for you to join us. Participating in Fragmetric makes you part of the community that drives Solana forward.
How do I get F points? โฌ๏ธ
๐ฅF Point is the first reward provided by Fragmetric through its trustless reward program. To participate, simply hold your $fragSOL in your wallet and verify that the reward system is activated using your wallet address. ๐ฐ
#staking #restaking #Solana
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zonbex ๐ ๋ฆฌํธ์ํจ
it's time to MAKE NFTs GREAT AGAIN! ๐ฆ
The story's just beginning.
Drop your $SOL wallet & don't ask any questions.
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KYC and AML have their place in crypto
Especially if we're aiming for higher compliance within the space
@swisstronik is an L1 solution with cost-effective KYC to screen out fraudsters while maintaining privacy for users
This type of protocols is perfect to worke as a bridge between TradFi and Web3
All without havin to sacrifice decentralization
Swisstronik is built on @cosmos and come with great features:
โถ๏ธ Interoperability with both Cosmos and EVM chains
โถ๏ธ An RWA Suite
โถ๏ธ Embedded DiD
โถ๏ธ Fully compliant with MiCa and GDPR
The project has already raised more than $6.5M in a seed round
Good testing generated more than 45k wallets and 165k transactions
In the near future Swisstronik will have an incentivized testnet open to the public, before going live with the Mainnet
TGE is not far either, with CEX and DEX listings already in preparation
Gonna keep an eye on this one waiting for the token launch
There will also be a $1,000,000 grant in $SWTR tokens for builders to develop on the chain
Could be a good play
Website: swisstronik.com
Telegram: t.me/swisstronik
Discord: discord.com/invite/swisstrโฆ
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@bonus_block announced a new collaboration with @Koi_BTC !
๐จ๐ค๐ง
@Koi_BTC are a pioneering platform that combines virtual pet care with competitive games driven by artificial intelligence, on the @ethereum blockchain platfor
#eth #btc #crypto #bonusblock
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