Backpack: TGE timeline and product upgrades

Backpack — Armani (CEO) posted plans in Discord outlining the roadmap toward the token generation event (TGE).

Vaults will receive a final upgrade allowing deposits to be used as collateral.

All products — spot, margin, perps, lending, predictions — will be combined into a single cross-margin and cross-collateral balance.

The redistribution of sybil points has been extended by 2 weeks; the Epilogue phase will last 6 weeks in total.

Approximately 10 million points will be distributed each week during Epilogue, though amounts may vary.

After the 6-week Epilogue the team will publish a concrete plan and timing for TGE.

The team is preparing liquidity-provision events tied to the TGE and plans to release major products immediately after the token launch; three additional post-TGE milestones are in development.

Users holding points should complete verification ahead of final distributions and the TGE.