Backpack Exchange Upgrades SOL Asset Lending Service, Offering Up to 12.24% APY on SOL Loans
According to official news, Backpack Exchange has announced an upgrade to its SOL asset lending service. Users can now lend SOL tokens to earn an annualized yield of up to 12.24%, integrating lending, staking, and perpetual contract collateral functions. This yield is not reliant on subsidies but is composed of real staking and lending returns. Users only need to deposit SOL and enable the Auto-lend feature to participate, with no additional actions required.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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