Fragmetric Integrates Chainlink CCIP for Cross-Chain wfragSOL Transfers

Liquid restaking protocol Fragmetric enables its liquid staking token wfragSOL to move natively across Solana, Ethereum, and Arbitrum through Chainlink’s interoperability protocol.

ETH
SOL
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Summary

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Terms & Concepts
  • Liquid Restaking: A process allowing staked assets to be tokenized and used in other DeFi activities without unlocking the original stake.
  • Chainlink CCIP: Chainlink's Cross-Chain Interoperability Protocol enabling secure data and token transfers between different blockchain networks.
  • Cross-Chain Token (CCT): A digital asset that can be transferred and utilized across multiple blockchain networks without requiring third-party wrapping or conversion.