I really couldn't help but write it out! Multiple sources confirm that Backpack has gone crazy!
1⃣ TGE airdrop ratio 15%
Directly unlock 15% airdrop to users, the remaining emissions are continuous trading token rewards. The airdrop ratio for Wormhole that year was 6.78%, with 600,000 Wormhole users—what a huge deal!
At that time, Wormhole had a 15 billion FDV, is it too much to say Backpack can reach a 5 billion FDV?
Now Backpack has 30,000 users, and the airdrop share has doubled, compared to 600,000 Wormhole users.
You all do the math! Wow, everyone is definitely going to get rich!
2⃣ No shares for the team and VC!
It's not a TGE lock-up; their share is 0. I can confirm 100% that they have no shares and there’s no insider trading!
Insider trading is 0, they have all gone to Chengdu!
There’s no institutional selling pressure; it’s really an airdrop to users, all community brothers hold their positions!
I just want to ask you, can you compete with HyperLiquid!
3⃣ Season 2
Starts on July 3rd, coming in like a cloud, I'm damn ready to fight! I want to take all the stablecoin protocols; if I don't go all in this time, I'll regret it for the rest of my life!
Back then with Wormhole, I didn't go all in, and I don't want to regret next year saying "I didn't go all in on Backpack"
Let's go for it, damn it, LFG, it's on fire!
@Backpack_CN @Backpack