DeFi Development, identified by the ticker DFDV, has entered into a strategic alliance with Fragmetric, known for its innovative native liquid restaking protocol on the Solana blockchain. This partnership includes the integration of the dfdvSOL Liquid Staking Token into Fragmetric's restaking platform, positioning it as one of only five supported LSTs. Originally crafted with technology and infrastructure from Sanctum, dfdvSOL is an integral part of DeFi Dev Corp.’s treasury and staking strategies.
This collaboration allows dfdvSOL token holders to deposit their tokens with Fragmetric, in return receiving fragSOL. This new token enhances access to restaking rewards within Solana’s expanding Node Consensus Network ecosystem. This initiative is set to broaden the staking opportunities available to dfdvSOL holders, aligning with DeFi Development's strategic objectives in the digital asset space.