Fragmetric, a Solana-based liquidity re-pledge protocol, recently completed its Builder round of financing. The round saw participation from notable investors such as Solana co-founder Anatoly Yakovenko, Solana Foundation Chairman Lily Liu, Jito Labs founder Lucas Bruder, Backpack co-founder Tristan, Wintermute co-founder Yoann Turpin, and others.
Fragmetric aims to enhance the security and economic potential of the Solana ecosystem by leveraging Solana’s token scaling. This enables the platform to distribute NCN rewards effectively. Additionally, Fragmetric has designed a normalized token plan to utilize various LSTs on the re-staking platform.