Backpack launches SOL reserve pledge and plans to distribute proceeds to loan and deposit users "
On May 8, Backpack founder Armani Ferrante tweeted that the platform has begun to pledge SOL reserves, and will initially return all pledge proceeds to lending users, and plans to cover all depositors in the future. Because the pledged assets have not been tracked, the TVL monitoring platform may temporarily show abnormalities. It is expected that the Web and App will be updated within a week and the first round of revenue distribution mechanism will be launched.
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