TLDR of @papertrade_xyz: nothing like this exists in a crypto; it is truly a brand new primitive it is modeled after "bucket shops" that were popular in the early 1900s. They were gambling dens were you could wager on stock price movements without actually buying or selling the underlying. The house would always take the exact other side of your bet This is exactly how papertrade operates. When you place a trade, the house (aka papertrade LP) takes the otherside of your trade. There is no orderbook; the trade is exactly executed at the HL oracle mid price Now where does the LP funds from? Incredibly, the LP starts at 0 - no one prefunds it. The LP counts on the skill of the average trader being poor and thus in aggregate a losing position. A fee is skimmed off the top of winning trades (none from losing) to also skew the LP positive What if the LP doesn't have sufficient funds? Then traders owed $ are placed into a queue where they're paid out in FIFO order. Traders have to lose to payout traders who won. $Paper Tokenomics 🧻: Here is the very cool part - you can only earn their token by losing trades. And the emissions increase when the LP has < $2M, to encourage people to lose to backstop a dwindling LP And then staking paper earns you the fees and profits that the papertrade LP earns. Incredibly interesting experiment built by @izebel_eth. Best of luck on the launch! A ton of eyes on this and a lot of people who want to farm $PAPER

robinhood + FWA narratives show no signs of slowing down $FWS is gacha but for onchain stocks They just released their pre-farm phase, so the only possible way to buy the token atm is via spinning packs or depositing liq LPing stocks in this way is interesting - seeing more composable ways to use them on RH