PAPER Token — Supply, Emissions & Staking
$PAPER is Papertrade native token, minted from eligible trading losses and used for participation in documented LP-revenue distributions when staked.
What PAPER is
The docs give PAPER two linked roles: it is minted from eligible realised trading losses and, when staked, participates in USDC revenue generated by protocol LP economics.
Fair launch
Supply begins at zero, with no pre-mint, team allocation, VC allocation, airdrop or vesting schedule according to the supplied documentation.
How supply grows
The mint curve is front-loaded. The documentation describes a flat 100 PAPER per $1 of eligible loss basis below the $2M tracked-LP threshold, then an asymptotically declining rate.
What PAPER stakers earn
Stakers participate in LP-side revenue distributions in USDC. The documented model includes both an ongoing LP-revenue share and eligible LP excess above the staker reward cap.
Related Papertrade Guides
Frequently Asked Questions
What is the PAPER token?
PAPER is the protocol token whose documented minting is linked to eligible realized losses and liquidations.
How did PAPER supply start?
The published docs describe supply beginning at zero with no conventional pre-mint allocation.
What can staked PAPER receive?
Staked PAPER can participate in available USDC revenue distributions according to the documented staking model.