Backpack stakes its platform SOL reserves, and all rewards will be given to lenders

BlockBeats news, on May 8, Backpack CEO Armani Ferrante announced that the platform's SOL reserves are about to be staked, "The goal is to provide all staking rewards to all lenders, and ultimately hope to provide the rewards to all depositors."

Currently, I expect that most platforms monitoring our wallets will incorrectly report our TVL (Total Value Locked) data because they do not track the amount staked. Our wallet remains unchanged (although I expect to add more wallets soon to accommodate the influx of funds). In the coming week, we will update the webpage and mobile application in preparation for the first distribution. Once ready, we will release more announcements."