BOT
Backpack Securities
Instrument and holder rights
Backpack Securities
BOT is a Backpack token on Solana, redeemable 1:1 through Backpack Securities for the corresponding RoboStrategy holding in a brokerage account. Depositing converts the token into the traditional holding; withdrawing tokenizes it again.
How dividends and distributions are reflected
For Backpack-issued tokenized securities, distributions are reinvested into additional tokenized shares. Traditional brokerage holdings receive cash dividends through the brokerage infrastructure.