Papertrade distributes $50M to PAPER stakers in first week
- —Over $50 million distributed to PAPER stakers in the first week
- —Trader losses flow into the liquidity pool, with excess paid to stakers
- —Platform supports synthetic positions with up to 1000x leverage
- —Ansem floated extending the model to speculative games and online entertainment
Why it matters: The model shifts trader risk onto stakers, and its sustainability has yet to be tested by the market.
Source: TokenPost