We're beginning the process of staking @Backpack

Exchange SOL reserves.

To start, we aim to provide the full staking yield to all lenders--with the goal of eventually providing the yield to all depositors.

For now, I expect most platforms monitoring our wallets to inaccurately report our TVL numbers, as they're not tracking the staked quantity. Our wallets remain the same (although I expect to add more soon to account for inflows).

Over the next week, we're going to be updating the web and mobile apps to prepare for the first set of distributions. We'll announce more once we're ready.

🧱🧱🧱