TL;DR

• Season 2, Phase 0 ended on September 12.
• Phase 1 started automatically with updated terms.
• Users who (re)stake longer get more rewards
• 4% of total FRAG token supply will be allocated to Season 2

Season 2, Phase 0 Recap

On July 1, 2025, with the FRAG launch, we concluded the LF(ra)G Campaign Season 1 and simultaneously commenced Season 2, Phase 0.

Season 2, Phase 0 served as a buffer period, during which we carried out additional audits, revealed TOPU, Inc., designed the NCN rewards distribution for our exclusive NCN, Switchboard, and established connectivity with another Fragmetric exclusive NCN, Ping Network, thereby strengthening protocol stability and enabling the provision of higher yields.

F Points accumulated during Season 2, Phase 0 will be exclusively rewarded with a designated portion of the total airdrop allocated for Season 2. Starting today with Season 2, Phase 1, all points are reset, and the new points system marks the official beginning of Season 2.

Season 2, Phase 1 Structure

Standardized F Point Calculation for fragAssets
Before:
1 fragSOL: 0.001 F Points / second
1 fragJTO: 0.00002 F Points / second
1 fragBTC: 0.8 F Points / second
1 FRAG²: 0.000001 F Points / second

Now:
Converted into the USD value of held fragAssets

Multiplier & Boost
Starting from Season 2, F Points are calculated based on both Multipliers and Boosts. The USD value of each fragAsset is first multiplied by the designated multiplier of its pool. The results across all pools are then summed to produce the raw daily F Points. Finally, the total Boost is applied once to this sum, yielding the final daily F Points.

Multiplier
Each partner DeFi protocol, and each strategy within it, has a predefined base multiplier. For instance, providing liquidity to the Orca wfragSOL/JitoSOL pool applies a ×20 multiplier. On top of this, additional event multipliers may be introduced. For example, during a one-month campaign, liquidity in the Orca wfragSOL/JitoSOL pool up to the first 10,000 USD in value may receive a ×40 multiplier. In such a case, the first 10,000 USD qualifies for the ×40 multiplier, while any amount beyond that reverts to the base ×20 multiplier. Among the multipliers available for a given pool, the highest applicable multiplier is always applied.

The base multipliers for each DeFi strategy are as follows:
1. Liquidity Provision (Orca, Kamino)
wfragSOL/JitoSOL, wfragJTO/JTO, wfragBTC/zBTC: 30x
wfragBTC/SOL: 40x

2. Lending (Kamino, Loopscale)
wfragSOL, wfragJTO, wfragBTC: 20x

3. Looping (Loopscale, NX Finance, Banx)
wfragSOL, wfragJTO, wfragBTC: 20x

4. Yield Trading (Exponent, RateX, Sandglass)
wfragSOL, wfragJTO, wfragBTC: 30x

Boost
There are two types of Boosts: Earned Boost & NFT Boost. Each type of Boost can be applied up to a maximum of 100%. If the conditions are no longer met, such as when a campaign ends early or a rank is downgraded, the corresponding Boost is removed.

1. Earn Boost accumulates from Rank boost, Season Rewards, and DeFi participation, up to a maximum of 100%. Rank Boost is awarded step by step according to cumulative activity days.
2. NFT Boost is calculated based on the amount of TOPU, Inc. held, with a maximum cap of 100%. Each Epic trait is counted as the equivalent of four.