backpack airdropped 25% of their token supply to users. zero to founders, team, or investors. team locked until IPO. staking converts to real company equity. best CEX tokenomics of the cycle on paper. three weeks later the token is down 68%. and the tokenomics arent what broke

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin