
Papertrade Shows $10.3M in Staker Rewards Hours After Launch
- —Papertrade's dashboard showed about $10.3 million in staker rewards
- —The venue's house pool held roughly $5 million
- —No payout debt was queued, with trading losses funding PAPER rewards
- —The platform runs on HyperEVM with leverage up to 1000x
Why it matters: The pace of rewards and pool growth will test whether Papertrade's model of funding payouts from trader losses is sustainable.
Source: The Defiant
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