s/gakonstTOKEN FARMING•2d
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PaperStrategy minted 29.7M PAPER at the lowest cost among major farmers
PaperStrategy minted 29.7 million PAPER in 48 hours, making it the third-largest farmer among the 100 biggest delta-neutral PAPER farmers tracked. The two farmers ahead paid 12% and 29% more per token, while no similarly sized farmer reported a lower cost.
That output came during heavy Papertrade activity, but the reward system depends on traders closing synthetic perpetual positions at realized losses. Papertrade recorded $23.97 million in holder revenue on October 10 and $33.94 million across October 10-13, with minted PAPER eligible for staking against USDC distributions.
That output came during heavy Papertrade activity, but the reward system depends on traders closing synthetic perpetual positions at realized losses. Papertrade recorded $23.97 million in holder revenue on October 10 and $33.94 million across October 10-13, with minted PAPER eligible for staking against USDC distributions.
Timeline3
Oct 10
Papertrade recorded $23.97 million in holder revenue for the day.
4d
Papertrade's four-day holder revenue reached $33.94 million.
2d
PaperStrategy reported minting 29.7 million PAPER in the previous 48 hours.
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2d