# Unpack modloop contents
sudo apk add squashfs-tools
sudo unsquashfs -d /lib/modloop-lts/ /media/mmcblk0p1/boot/modloop-rpi
# Replace modules with contents of modloop
sudo rm /lib/modules
sudo mv /lib/modloop-lts/modules/ /lib/modules/
sudo rmdir /lib/modloop-lts
# Stop modloop
sudo rc-service modloop stop

# Package squashfs
sudo mount -o remount,rw /media/mmcblk0p1/
sudo mksquashfs /lib/modules /media/mmcblk0p1/boot/modloop-rpi -keep-as-directory -noappend
sudo mount -o remount,ro /media/mmcblk0p1/
sudo rm -Rf /lib/modules

# Restore symlink
sudo ln -s /.modloop/modules /lib/modules

# Start modloop
sudo rc-service modloop start