Musashi(@musashi_kdp):Following up on my earlier @papertrade_xyz post @paperdao_xyz is worth a look too. It’s a DAO gearing up to launch on @daosdotworld The idea is to pool capital and farm $Paper from day one. Instead of everyone running their own positions, the DAO plans to put that capital to work across multiple trading strategies as soon as PaperTrade launches. They’re targeting the early window when the same dollar of losses earns you more $Paper. When the LP is at $2M or below, each $1 in losses earns 100 $Paper. That rate gradually decreases once the LP passes $2M, so the plan is to get in early and accumulate $Paper while emissions are highest. The $Paper farmed and staking rewards earned will go into the DAO treasury with trading profits and losses reflected there as well. $PULP represents a share of that treasury. Once $Paper becomes transferable, the plan is to allow holders to redeem their $PULP for a proportional share of the DAO’s $Paper holdings. For anyone interested in accumulating $Paper early but not keen on figuring out a strategy and managing positions themselves, this could be another way to play it

2026.10.05 07:55

Following up on my earlier @papertrade_xyz post @paperdao_xyz is worth a look too. It’s a DAO gearing up to launch on @daosdotworld The idea is to pool capital and farm $Paper from day one. Instead of everyone running their own positions, the DAO plans to put that capital to work across multiple trading strategies as soon as PaperTrade launches. They’re targeting the early window when the same dollar of losses earns you more $Paper. When the LP is at $2M or below, each $1 in losses earns 100 $Paper. That rate gradually decreases once the LP passes $2M, so the plan is to get in early and accumulate $Paper while emissions are highest. The $Paper farmed and staking rewards earned will go into the DAO treasury with trading profits and losses reflected there as well. $PULP represents a share of that treasury. Once $Paper becomes transferable, the plan is to allow holders to redeem their $PULP for a proportional share of the DAO’s $Paper holdings. For anyone interested in accumulating $Paper early but not keen on figuring out a strategy and managing positions themselves, this could be another way to play it

Musashi@musashi_kdp

2026.09.27 15:54

폰지 + 퍼프덱스 = @papertrade_xyz PaperTrade는 LP가 $0에서 시작하고 유저가 돈을 잃으면 그 돈이 LP로 들어가는 구조임. 다른 Trader가 수익을 내면 이 LP에서 지급하고 LP가 부족해서 바로 지급하지 못하는 수익은 Profit Queue에 쌓임. 이후 새로운 Trader Loss가 발생하면 그 돈으로 Queue를 순차적으로 정산함 이런 구조라면 초기에 LP도 부족하고 유저 입장에서도 굳이 여기서 거래할 이유가 약하다는 점인데 그래서 PAPER라는 시스템을 넣음 유저가 Loss나 Liquidation을 발생시키면 그 손실을 기준으로 PAPER가 발행되고 PAPER를 스테이킹한 유저는 이후 PaperTrade에서 발생하는 프로토콜 수익을 분배받음 초기 LP가 $2M 이하일 때 LP에 들어오는 $1당 100 PAPER 수준으로 emission이 강하고 LP가 $2M을 넘어가면 PAPER 발행량은 점점 감소함. 또 LP가 약 $5M 수준까지 성장하면 이후에는 LP를 계속 키우는 것보다 PAPER Staker에게 프로토콜 수익을 분배하는 비중이 커지는 구조임 트윗들을 보면 대부분 초기 LP가 생각보다 빠르게 $5M 이상까지 채워질 가능성을 보고 있음 또 별도의 오더북 없이 Hyperliquid의 BBO 가격을 기준으로 거래하기 때문에 슬리피지가 없고 최대 1000x 레버리지까지 지원할 예정이라 일반 Perp와는 확실히 다른 수요가 생길 수 있다고 생각함 곧 나올꺼같고 양빵으로 녹이는게 제일 괜찮은 플레이 같음