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TechFlow, May 8 — According to an official announcement from Backpack, users can now earn up to a 12.24% annualized yield by lending SOL tokens on Backpack Exchange. The platform integrates lending, staking, and collateral for perpetual contracts, allowing users to participate simply by depositing SOL without any additional steps.
According to official news from Backpack, users can now earn up to 12.24% annual percentage yield (APY) by lending SOL tokens on Backpack Exchange. The platform integrates lending, staking, and perpetual contract collateral functionalities, allowing users to participate simply by depositing SOL, with no additional steps required.
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