Papertrade distributed more than $50 million to PAPER stakers during the platform’s first week. According to NS3.AI, Ansem said users can open and close synthetic positions with 1000x leverage without affecting actual markets. The platform directs traders’ losses to on-chain liquidity pools, while losses exceeding a pool’s size cap are distributed to PAPER stakers. Whether the model can continue attracting users, maintain liquidity and achieve long-term growth remains to be tested by market performance.
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Papertrade Distributes More Than $50 Million to PAPER Stakers in First Week, Supports 1000x Leverage
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