Vibhu explains how @Backpack lets users turn tokenized stocks back into actual shares
"Backpack is a full brokerage, so it's one-to-one. They seed liquidity, and if demand outweighs the supply onchain, they progressively buy more shares on the brokerage side and mint them onchain."
"And you can redeem your tokenized equity for the actual share itself. They built an equity bridge that works on both sides. I can take my equity from my brokerage and move it onchain, or take it off, and it remains equity the entire time."
PON NFT – @real_narnia, a beautiful and exclusive art collection of 3333 pieces with 88% unique holders, powered by @ICODrops and created with the involvement of @sergeydrops. 💧
This NFT represents the elite of one of the oldest and most respected crypto communities. 🌍
Holders have already received access to early-stage participation with the BEST conditions for PON community in projects like @sophon and @fuel_network. And this is just the beginning of an exciting journey! 🚀
Stay tuned for more updates and opportunities! Got questions? Drop them in the comments! 💬
PON