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Fragmetric(FRAG) will launch on Gate and start an airdrop for GT holders, dividing 250,000 FRAG.
According to the Gate News bot message, as per the official announcement from Gate on June 28, 2025:
Gate will launch the FRAG/USDT trading pair for the Fragmetric (FRAG) token on July 1, 2025, at 16:30 ( UTC+8. Before that, the platform will start the HODLer Airdrop event for the FRAG token, with a total of 250,000 FRAG, and the event will last until July 1, 2025, at 14:00 ) UTC+8.
Fragmetric is the first native liquid re-staking protocol in the Solana ecosystem, which later evolved into the FRAG-22 asset management standard. This protocol integrates multi-asset deposits, precise reward distribution, and modular yield source functionalities. The FRAG token is developed based on the SPL protocol, with a total supply of 1 billion.
The token contract address is FRAGMEWj2z65qM62zqKhNtwNFskdfKs4ekDUDX3b4VD5. The token distribution includes 22% for investors, 20% for core contributors, 15% for airdrops, 30% for the ecosystem and community, and 13% for the foundation.
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