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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