[Backpack: Lending Feature Launched with Points Rewards] Odaily Planet Daily News: Backpack announced on the X platform that its lending feature has officially launched, now supporting Backpack Point rewards. Users can use assets such as BTC, ETH, SOL, XRP, and USDC as collateral to borrow funds without selling their assets. The lending feature allows users to deposit crypto assets to earn variable returns, while the borrowing feature enables users to borrow assets like USDC using crypto assets as collateral. Backpack reminds users of the risk of liquidation when borrowing. Currently, only lending services are provided, excluding spot and perpetual contracts. Additionally, Japanese residents can now participate in the Backpack Point rewards program, which was previously unavailable to them.