Backpack Token Unlock: 25% Supply Release at TGE Signals Major Distribution Shift
Global, April 2025: Backpack, the cryptocurrency exchange founded by former FTX and Alameda Research developer Armani Ferrante, has announced a significant token distribution strategy that will see 25% of its total token supply unlocked at its upcoming Token Generation Event (TGE). This substantial initial release represents a departure from traditional token launch models and signals […]
