The airdrop from Backpack @Backpack can be claimed, averaging about 0.57 coins for each point.

Scoring points is not as profitable as using a SOL phone; I estimate many people have been negatively impacted by this... 😂

🔗https://backpack.exchange/bp-claim

Currently pre-market at 0.33u, corresponding to a market cap of about 75 million USD, with an FDV of about 300 million USD, compared to another CEX—Jupiter, this is also a relatively reasonable valuation within the Solana ecosystem.

BP has also implemented a equity conversion, staking tokens for 12 months to exchange for 20% of company shares, this is meant to tie everyone together to gamble on equity/IPOs~

I do not intend to stake, here are my reasons:

1⃣ BP wants to follow Coinbase's path, but obtaining a compliant license is not that easy, given their progress, it feels like pushing for an IPO is not something that can be completed in a couple of years.

2⃣ Lack of a specific timeline/SEC filings, and a small team size.

3⃣ Soldiers do not cling to battle; given the current environment, mining/harvesting and selling is the best choice!

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