A Comprehensive Guide On Backpack Is Ready 🧵

The team has launched a new reward campaign!

All you need to know to farm more points and be on Gold Tier 👇🏼

→ About Backpack 

BackPack is a crypto wallet and CEX developed by former FTX engineers, offering a seamless Web3 experience with native support for xNFTs and Solana-based assets.

Farcaster OG | Building /nodes-dk | Any of my casts are not financial advices

→ Funding 

Backpack has secured $37M from Multicoin Capital, Placeholder VC, Amber Group, Wintermute, Robot Ventures, and others!

1/ What is the BackPack Farming Campaign?

Today, the project launched Season 1 of its farming campaign, running for 10 weeks.

Points are awarded based on activity across all exchange products. Criteria will be updated weekly and remain undisclosed.

Welcome to Season 1 https://t.co/oKBh6hk8W3

Backpack 🎒

1/ What is the BackPack Farming Campaign?

Today, the project launched Season 1 of its farming campaign, running for 10 weeks.

Points are awarded based on activity across all exchange products. Criteria will be updated weekly and remain undisclosed.

https://x.com/Backpack/status/1902975999354212828

2/ Register

• Go to https://backpack.exchange/refer/826472a0-6b0b-4f8b-9af6-2b495006db02
• Sign up and verify your KYC

3/ Make a deposit

• Add some funds to your account
• Start trading on spot and futures markets
• I recommend enabling the Auto Lend feature!

Auto Lend automatically lends out your idle funds to other traders with interest, providing additional interaction with the platform’s functionality.

4/ Additional info:

• The main goal of the seasons is to build deep liquidity
• Over 475k users have already been rewarded with points (from the pre-season and public beta)
• Rewards will be distributed to users every Friday at 2:00 UTC

5/ Factors influencing point distribution:

• Liquidity
• Referral volume
• Open interest
• Balances, lending, borrowing – all platform interactions.

Just use the platform — that’s it!

For more info, head over to the Backpack Discord:

5/ Factors influencing point distribution:

• Liquidity
• Referral volume
• Open interest
• Balances, lending, borrowing – all platform interactions.

Just use the platform — that’s it!

For more info, head over to the Backpack Discord: https://discord.gg/backpack

That's all for now!

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