---
title: "Backpack releases token distribution plan: TGE will release 25% of its tokens."
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275330305.md"
description: "Backpack has announced its token distribution plan, with a total supply of 1 billion tokens. The Token Generation Event (TGE) will release 25% (250 million tokens), with 240 million allocated to token holders and 10 million to Mad Lads holders. The pre-IPO phase will distribute 375 million tokens (37.5%) gradually based on milestones, while the post-IPO phase will also account for 375 million tokens, stored in the treasury with a one-year lock-up period after the IPO."
datetime: "2026-02-09T14:04:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275330305.md)
  - [en](https://longbridge.com/en/news/275330305.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275330305.md)
---

> Supported Languages: [简体中文](https://longbridge.com/zh-CN/news/275330305.md) | [繁體中文](https://longbridge.com/zh-HK/news/275330305.md)


# Backpack releases token distribution plan: TGE will release 25% of its tokens.

Backpack announced its token distribution plan, with a total token supply of 1 billion. The pre-IPO supply is 625 million tokens (62.5%), distributed in three phases. TGE will release 25% of the token supply, totaling 250 million tokens, of which 240 million (24%) will be allocated to token holders and 10 million (1%) to Mad Lads holders. The second phase, pre-IPO, accounts for 37.5%, or 375 million tokens, and will be unlocked gradually based on key milestones. The third phase, post-IPO, also accounts for 37.5%, and these tokens will be stored in the company's treasury with a lock-up period of one year after the IPO.

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