Loading…
Published 20 Sept 2026, 08:33 UTC · fetched 3 Nov 2026, 10:55 UTC
Ignas
@DefiIgnas
Quoting · 6 Sept 2026, 17:51 UTC · context given to the AI
Hopefully $BP finally exits accumulation and moons: Thesis: if meme/tokenized stock narrative migrates to Solana, Backpack benefits as stock tokenization platform. More issuance -> more arb opportunities -> more users to BP ->higher fees -> etc etc BP has no rev share but still a fun play to look.$BP tested my patience but thesis is strong: - New CEX of the cycle play (every bull has one. Last time it was a DEX (HL)) - Tokenized stocks moat on Solana: real equities, not wrappers with SEC recent regulation being bullish - Flywheel: more issuance → arb → users → fees - Tokenomics: 0% team at TGE, milestone unlocks to users, stake 1yr → equity/IPO - Solana needs this to become Nasdaq onchain (ex-FTX team + EU license + MiCA) Two concerns: - Unlocks are milestone based and Backpack hasn't published update yet. So I believe another issuance is around the corner as many milestones are reached - Illiquid as hell but still one of my bagsView original on X ↗
Deterministic: the same prices and policy always give the same result
unscored Awaiting manual review
Only the end-of-horizon price counts. A brief move followed by a reversal is not a success. Read the methodology
Uses only text available at publication time
Think the interpretation or outcome is wrong? Sign in with X to request a correction, so reviewers know who is asking.
Sign in to request a correction