This Is A Massive Airdrop Opportunity!

Hey, what's good YouTube? Welcome back to the Brown Gent. In today's video, I want to show you how you can earn your share of the Fragmetric airdrop that's coming quite soon. So let's get into it. Before we do, as always, please just remember nothing I say is financial advice. I'm just a guy on YouTube and everything that I show you today will be linked down below, including my paid services. Now, a couple months ago, in fact, eight months ago, I brought SoulLayer to you. In fact, I was the first one on YouTube to bring this out. I made a sort of post or a video about it about a day after they started their campaign. And for those of you who followed, you've definitely cashed out. Here's an example of my YouTube wallet where I've earned about 5,200 layer tokens. They're going at a current price of $1.40. So that's a $7,000 to $8,000 airdrop, depending on when you sell it. Now, these liquidity protocols tend to provide lots of opportunity because they're impossible to Sybil Farm because you need a lot of capital. Now, this is why I bring Fragmatic to you. It's not a sort of new campaign, but it's one I want to make sure I cover. I've talked about it slightly in the past, but I think it's super important, especially since one of my colleagues, or I say colleagues, one of my friends on crypto Twitter, she made a thread which reminded me how few people are farming this. This is Kate XBT. But if you're not following Fragmatic already, make sure you do it. They are a liquid restaking protocol. They have raised $12 million in funding, which is very similar to what SoulLayer had also raised. They are going to do their community fundraising round through Legion very soon. I'm going to be very honest with you. SoulLayer, I thought the public sale was worth it. I don't know yet if the public sale on Fragmatic will be worth it, but at least farming the airdrop will be. Now, here's a quick summary by Kate XBT, which sort of was the inspiration for me to make this video. Basically, they have a 15% allocation for the airdrop coming at TGE, and it's a restaking protocol, as I mentioned, powered by Gito, which was the airdrop that kicked off the Solana season back in 2023. So, how do you get started? Well, it's quite simple. You can earn F points one of two ways, either by depositing FragSoul or FragGito. Now, because of the way I operate, my preference is I don't like holding random deflationary tokens. In my opinion, you may agree or disagree, I don't think Gito is a good token. I do think that Solana's good token. It's one of the top five tokens, depending on when you look. And in my opinion, I'd rather hold Sol. I have Sol in my spot bag. So, this gives me an opportunity to put that Solana to use. So, if you don't have Sol, you can quickly visit Jupiter. You can trade some USDC for Sol. Once you've done that, you come back to this page. You click on FragSoul. Once you do that, this will pop up. Basically, you can convert as much Sol as you'd like to FragSoul. Now, just like we saw this with Cloud, basically, or Sanctum, which is sort of the Cloud token, you get a fraction when you sort of convert your Sol. So, basically, when you convert FragSoul back to Sol, you'll get the multiplier. But basically, one Sol is currently worth 96.2% of FragSoul, and it also gives you additional APY of 7.4%. And, you know, over time, you know, you expect that the FragSoul, the sort of FragSoul to Sol ratio will get bigger and bigger and bigger, right? So, you're going to expect to have to pay more Sol to get the same amount of FragSoul as the yield is captured in that ratio. Once you've converted as much as you'd like to put in, because remember, there is always smart contract risk. I have to let you know this, right? Anytime you deposit your Sol or anytime you peg your Sol to something else, there's always some potential risk, but you're adding a level of risk. This is why we don't go for every opportunity. This is why we have to be very specific. And that's why I'm being very specific here with FragMetric. Once you've got that, you want to click on DeFi, right? So, you click on DeFi, and what you're going to see are these options right here, top strategies, yield trading. What I am using is because we know the TGE will be following July, I am using the exponent pool. And what that does is it matures on July 10th. So, I'm going to keep it in the entire time to maximize those rewards. Usually, as I saw with Pendle, there is a penalty for early withdrawal. So, do not put money in here that you will need. That's just my opinion. You will likely have to take a cut. But by doing so, you earn four times as many F points as you would just by holding the FragSoul. So, that's a massive, massive boost. Once you click here, basically, this will take you here. Now, typically, you won't have a position. You can see here on my YouTube wallet, I've got about 120 Sol in this. You obviously earn rewards, but you basically have the pool right here, and you can hit add. When you add, you can now add whatever FragSoul that you have. So, if you converted five, you know, Sol, the FragSoul, you can put all five here if you'd like. Once you do, I will click mint and supply. This will put the majority in what's called the liquidity position and a small fraction into what's called a yield token, which has a higher points multiple. Now, the idea, just like we saw with Pendle, is over time, YT approaches zero as the pool approaches maturity. But your liquidity pool is really going to be mostly, it's going to be PT, which is the principal token. Okay? So, this is what you do. And once you do that, you will see your vault composition like such. Now, you could also take it one step further if you have some more FragSoul you'd like to use, and basically just convert FragSoul directly to PT FragSoul. So, you can once again do that here. I still have some PT FragSoul here. So, if you had an extra five, you could do that, and you hit the invest button, and you're good, right? The APY is good as well for this. And typically, you'd think you'd be done here, right? Once you're done all that. But I was looking at Kate XBT's threads, and there was something I wasn't aware of that I wasn't doing that I think is really well worth it, and this is using LoopScale. So, I will include Kate's referral link. You know, I think that's only fair given that I wouldn't have known about this without her posting this. But basically, you can go to LoopScale, hit the loop, like so you come here, you hit the loop button, and then you click the PT FragSoul sole. And every so often, you can check to see how much, obviously, you want to do ideally 4x leverage, but there's not enough sole that is supplied right now to let you do that. So, I will come in here and check this very often, and then you will be able to add this here. But it's definitely something nice that you can do with the additional PT FragSoul that you have got in this other step. So, I'm also going to include Kate's entire thread if you'd like to take a look. Definitely make sure you're following her if you aren't. I honestly don't have the time to post a lot of alpha on Twitter because it's hard managing a bunch of other platforms. I'm trying to get a little better at that. But just remember, July 10th is when all the sort of PT FragSoul and everything is done. That's when you unwind. And obviously, the goal here is to try to earn as many points so that once we get to the TGE, we got the best shot of getting a massive airdrop. So, this is sort of the way I look at this. Obviously, you can click on F points and you can see how you're doing over here. I've just started to scale up how much I'm putting in. So, I added about 100 sold yesterday. So, I'm going to rank up really, really fast. That being said, you don't need to do that. I know some of you only have one or two sold. I still think it's worth it to get some exposure. But do it sooner rather than later because at least then you have time on your side. We are literally the last week of March, the end of Q1. We will be in Q3 for the TGE. So, definitely check it out. And if you enjoyed this video and you want to see more airdrop alpha and crypto alpha, make sure you hit the like button, share the video, subscribe to the channel. And until next time, I'll see you in the next video. Thanks for watching.