@Backpack allocations to random KOLs and Instagram influencers with zero real volume who will dump on day one. You literally used your most loyal organic users to pay for your marketing budget. 'Community first' is a joke. Have fun with your influencer retention
@Backpack Absolutely disgusting allocation. $4M in pure organic volume, 91% daily active streak, OG status, sitting in the Top 2k leaderboard. I burned $2.5k in fees out of my own pocket supporting this exchange for a year. My reward? A pathetic 4.3k tokens.
Meanwhile, you handed out 30k+
We're excited to welcome Mark Wetjen as President of Backpack US.
Mark previously served as CFTC Commissioner & Acting Chairman and Head of Global Public Policy at DTCC, and was among the first U.S. regulators to advocate for clear regulatory frameworks and market infrastructure for crypto.
He will lead Backpack’s U.S. expansion as we continue building regulated, onchain financial infrastructure bridging crypto and traditional finance.
Products. Compliance. Expansion.
We have begun a momentary maintenance period. Trading is currently halted and will resume shortly. We'll announce more as we progress through the update. To follow along, please join our Discord.
Two @SuiNetwork quests. $60K in rewards. 🌊
Now live on Backpack Exchange:
• $10K in USDC for new users
• $50K in SUI for top traders
You have 7 days to join and earn👇