Beanie
Sorry not sorry in advance to my MadLads friends, but send Backpack to zero in haste. https://t.c...
210 days agoBeaniebeaniemaxi
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The post suggests a strong negative sentiment towards Backpack, urging it to "send to zero in haste." This is based on an image explaining that users who get liquidated on a platform might owe money to winners if their deposited funds are insufficient, implying a potential risk or flawed mechanism within the Backpack ecosystem. Investors should be aware of these potential counterparty risks and platform mechanics when considering Backpack.

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By beaniemaxi

Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.