Backpack Exchange launches BP token with 25% airdrop, no insider allocation
Backpack Exchange, a Solana-based cryptocurrency trading platform, launched its initial token, BP, on Monday, detailing a token generation event (TGE) that includes a mix of user distribution, lockups and a mechanism tied to company equity. At launch, 25% of the token’s total supply of 1 billion – roughly 250 million BP – will be distributed, […]
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