POPA ReconPapertrade Rewrites the Airdrop Rules After Farmers Burned Millions
Papertrade Rewrites the Airdrop Rules After Farmers Burned Millions Papertrade is an exchange where traders bet against the protocol’s bankroll at Hyperliquid prices. Its PAPER token works as a rakeback for losing traders. Just 10 days after launch, the team changed the rules, and farmers are taking the hit: • No transfers: $PAPER stays locked to the protocol, so there will be no listings or perps and no way to sell for now • New fees: higher fees on trades closed within 0.06% of entry (0.1% off-hours), which hit farming bots ~15x harder than normal traders • New minting: every $1M lost by t…
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