PANews reported on May 8 that Armani Ferrante, founder of Backpack, tweeted that the platform has begun staking SOL reserves, and will initially return all staking income to borrowers, and plans to cover all depositors in the future. Because the pledged assets are not tracked, the TVL monitoring platform may temporarily show abnormalities. It is expected that the Web and App will be updated within a week to start the first round of income distribution mechanism.