Backpack Staking & Extra Allocation
Stake BP tokens to unlock lower trading fees, extra USD yield, free wires, and exclusive perks. The longer you stake, the more rewards you earn.
Backpack Participant Benefits
Reduced Trading Fees
Stake BP to unlock better tiers and lower trading fees.
Wire Discounts
Get free wire transfers for global on/off ramping.
Equity Exchange
Stake $BP to unlock the ability to purchase Backpack equity using tokens.
Extra USD Yield
Earn up to 3% in additional yield on your USD collateral on top of the outstanding lend rate.
Backpack Card
Get early access to the Backpack Card.
Prediction Markets
Unlock lower fees on prediction markets through staking.
IPO Access
Get access to IPOs prior to open market trading.
Wallet Benefits
Boost your self custody experience with exclusive wallet benefits.
Tokenomics
Built for the long term.
No token allocations to investors or insiders. Supply unlocks progressively as Backpack reaches key product and regulatory milestones. The team receives nothing unless the company IPOs.
Airdropped at launch to points holders and Mad Lads NFT holders.
Progressively unlocked as Backpack hits regulatory, product, and market milestones. Each increment goes directly to users.
Fully locked until 1 year post-IPO. Held as strategic treasury for long-term value creation. There is no separate team allocation.
The Backpack Participant Program is subject to the Backpack Participant Program Terms and Conditions. Eligibility requirements apply. By participating, you represent that you have read and agreed to those terms and that you meet all applicable eligibility requirements in your jurisdiction. If you do not agree to the terms or do not meet the eligibility requirements, you may not participate in the Program.