2026-01-03 04:22:58

I deposited about 100 million yen into Backpack, and used half of it, 50 million yen, for DeFi investment. The interesting part is that lending automatically starts just by depositing. It's a system where points accumulate based on the volume of lending transactions, but since users in Japan can't use the trading feature, it seems they get a pretty substantial boost in points for lending. In other words, the restriction on trading is compensated by earning returns through the operation.

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YieldHunter

· 19h ago

ngl, the "automatic lending boost" angle screams regulatory arbitrage to me... like they're basically paying you extra because jp users can't trade? that's... sus structurally. what happens when the apr compresses? you holding the bag then or what

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SchroedingersFrontrun

· 01-03 23:48

Depositing 100 million and operating in DeFi... You're a serious player. Covering Japanese users' restrictions with point boosts is a clever business move, but in the end, I wonder what kind of returns it will actually generate.

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Rugman_Walking

· 01-03 04:53

Putting 100 million yen into it... You really have guts, haha

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EternalMiner

· 01-03 04:51

Are you really putting in 100 million yen to run lending? Is this a relief measure for Japanese users, or just a regulatory countermeasure...

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SchrodingerWallet