Manuel Padilla announces Bitget Launchpool return with Solana protocol

Bitget Launchpool has re-entered the DeFi space with a new initiative revolving around Solana blockchain technology.
Manuel Padilla announced the return of Bitget Launchpool, now integrated with Solana's blockchain, introducing Fragmetric (FRAG). This innovation marks Solana’s first native liquid staking and restaking protocol. Designed to enhance next-generation DeFi strategies, the protocol currently boasts a total value locked (TVL) exceeding $300 million.
Participants can stake BGB or FRAG on Bitget Launchpool from July 1 to July 4, taking advantage of this new venture during the limited timeframe. Fragmetric aims to build on Solana’s scalability, providing a robust framework for deploying advanced financial strategies in the cryptocurrency sector.
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Bitget’s renewed DeFi push aligns with broader trends in blockchain innovation, reminiscent of the $130 trillion potential for stablecoins explored in Manuel Padilla’s analysis of the blockchain shift. In parallel, initiatives that incentivize user participation, such as the recent 90,000 USDT airdrop via RESOLV and MEXC, underscore the growing competition among platforms to attract liquidity and build robust financial ecosystems within the cryptocurrency sector.