Backpack Participant Program
Stake BP to earn the right to exchange your tokens for Backpack equity at IPO, plus lower trading fees, extra USD yield, free wires, and more.

Benefits
See all VIP levelsEquity Exchange
Stake BP. Earn equity.
Own the exchange that you use. Stake for at least 1 year and earn the right to exchange your BP for Backpack equity at IPO or acquisition.
1. Stake your BP
2. Hold for 1+ year
3. Exchange at exit
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.
TGE
25%
Pre-IPO
37.5%
Post-IPO
37.5%