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fragged.app got a facelift which pill? red, green, blue? Why it's safe: vault is 1:1 backing — worst case redemption rate stays at $1, never goes below underlying is USDC/USDT — you're measuring yield in dollars, not in a volatile governance token no impermanent loss on the fragment itself (vault is 1:1, not an LP position you can get drained) POL = the AMM pool is protocol-owned, not third-party LPs who can pull it's a program, not a counterparty — no team can rug the vault Why it grows fast: every transfer burns supply → NAV = vault ÷ supply → NAV only goes up, mechanically, automatically you don't have to do anything — just hold, every swap through the Orca pool is a transfer, every transfer is a burn the Orca pool earns swap fees → reinvested into vault via harvest/convert_lp → NAV compounds from two sources simultaneously (burns + POL fees) 28 pool pairs means 28× more AMM routes for these tokens → more swap volume → faster burn rate the basket (6 mints, 1 share) is a single-entry point for larger capital — lowers friction for inflows The asymmetry: floor: NAV stays at 1.0000 (no burns happened) — you break even in dollar terms ceiling: unbounded as swap volume accrues — every trade in those 28 pools is a permanent supply reduction the more popular these stables get, the faster they deflate, which makes them more attractive, which brings more volume — it's a flywheel not a farm