Cryptocurrency exchange Backpack has announced its token economics plan, detailing the allocation of its TGE tokens. The total supply is set at 1 billion tokens, with 250 million to be released on the first day. Of this initial release, 24% (240 million tokens) will be allocated to token holders, while 1% (10 million tokens) will be designated for Mad Lads NFT holders. The plan also includes a strategic unlocking of 37.5% (625 million tokens) of the pre-IPO supply as growth milestones are achieved. Post-IPO, another 37.5% (375 million tokens) will be placed in the company vault, remaining fully locked for one year following the IPO.