Core Viewpoint - DeFi Development Corp. has announced a strategic partnership with Fragmetric to integrate its dfdvSOL Liquid Staking Token into Fragmetric's restaking platform, enhancing its treasury strategy focused on Solana accumulation [1][2][3] Group 1: Company Overview - DeFi Development Corp. is the first US public company with a treasury strategy aimed at accumulating and compounding Solana (SOL) [1] - The company operates its own validator infrastructure, generating staking rewards and fees from delegated stake, while actively participating in the growth of the Solana ecosystem [5] - The treasury policy allocates the principal holding to Solana, providing investors with direct economic exposure to SOL [5] Group 2: Partnership Details - The partnership with Fragmetric will allow holders of dfdvSOL to deposit their tokens and receive fragSOL, which provides access to restaking rewards across Solana's Node Consensus Network (NCN) ecosystem [2] - dfdvSOL is one of only five Liquid Staking Tokens currently supported by Fragmetric, reflecting the commitment to composability and integration within the Solana ecosystem [1][3] - The integration aims to enhance user experience by enabling seamless minting of fragSOL using various supported LSTs, including dfdvSOL [3] Group 3: Industry Context - Fragmetric is a native liquid restaking protocol on Solana, designed to enhance the security and economic potential of the Solana ecosystem [8] - The protocol implements a Normalized Token Program to leverage various LSTs, contributing to a secure and efficient restaking infrastructure [8]
DeFi Development Corp. Partners with Fragmetric to Expand Restaking Access via dfdvSOL
Globenewswireยท2025-06-04 12:00