BP
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
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.
Equity 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
Stake your BP tokens to start immediately.
2. Hold for 1+ year
Base equity unlocks after staking for 1 year. Bonus accrues daily through year 4.
3. Exchange at exit
At IPO or acquisition, exchange your BP for equity or keep your tokens. Your choice.
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%
TGE
25%
250,000,000 BP
Points holders
240,000,000
Mad Lads
10,000,000
Airdropped at launch to points holders and Mad Lads NFT holders.
Pre-IPO
37.5%
375,000,000 BP
Growth Triggered Unlocks
375,000,000
Progressively unlocked as Backpack hits regulatory, product, and market milestones. Each increment goes directly to users.
Post-IPO
37.5%
375,000,000 BP
Corporate Treasury
375,000,000
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.