Backpack launches SOL reserve staking and plans to distribute revenue to lending and deposit users

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PANews
a day ago
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PANews reported on May 8th that Backpack founder Armani Ferrante tweeted that the platform has begun staking SOL reserves, initially returning all staking rewards to lending users, with plans to potentially cover all depositors in the future. As staked assets have not been tracked, TVL monitoring platforms may temporarily show abnormal data. The platform is expected to update its web and app interfaces within a week and launch the first round of revenue distribution mechanism.

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