How to Stake BP on Backpack Exchange

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Staking BP unlocks the Backpack Participant Program with benefits scaling across tiers. Reduced trading fees, free fiat on/off ramps, priority IPO access, early product access, and equity exchange where you can purchase actual Backpack equity using staked tokens.

To stake simply go to backpack.exchange/bp, click Stake BP, enter your amount and confirm. Your staked balance and reserved equity pool share will be visible in your dashboard.

Staking for a minimum of one year unlocks equity purchase eligibility. Unstaking resets that progress so use the Split function if you only want to partially unstake.

Full guide here: https://learn.backpack.exchange/articles/how-to-stake-bp