Ahmad

[Ahmad @Ahmadberc]

@0xMrPinky 3zgPK9dmJyEHwzkX29jHt7evEjeAgGE9GPoMiy6pL5bC

[paperstrategy @paperstrategy_]

10% of the $PSTR supply has been burnt.

paperstrategy has bought back and burned over 100M $PSTR for ~$643k

every 30 min ~18 HYPE of $PSTR + 50% of the previous day's staking revenue gets bought and burned.

[paperstrategy @paperstrategy_]

what the last 24 hours looked like at paperstrategy:

- 10.9M $PSTR bought back and burned. 85.2M burned in total, 8.5% of supply, for $525k with ~$185k more to come in future buybacks
- +3.64M PAPER minted, 163.1M PAPER staked, 1.92% of all PAPER
- our PAPER grew 2.2x faster than total PAPER supply: 4.2% of all new PAPER went to paperstrategy
- $17.8k of staking revenue earned, $789k since papertrade opened

[paperstrategy @paperstrategy_]

we are increasing the buybacks.

new formula: 18 HYPE every 30 min + 50% of our staking revenue from the previous 24h (was 9 HYPE + 50%). the other 50% stays in the buyback contract for future buybacks.

also a few things to know about how the buybacks work and how the yield reaches the contract:
- all our PAPER is staked on papertrade and earns USDC
- we trigger the claiming system manually
- the claimed revenue funds the buyback contract, which buys and burns $PSTR every 30 min

why the claim is manual:
claimed revenue lands in the same papertrade accounts the strategy trades from. we pause the farming strategies on those accounts, claim, move the revenue out to the buyback side, then restart them. that keeps the yield and the farming capital apart.

so far paperstrategy has done:
- $711k in staking revenue earned since papertrade opened
- 62.3M $PSTR bought back and burned (6.24% of supply)
- $306k spent on buybacks with $369k left

[Ansem 🐂🀄️ @blknoiz06]

don't miss @papertrade_xyz launch

[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

@AiandTechHub Yes

[Ahmad @Ahmadberc]

@Abhayaitech $50

3zgPK9dmJyEHwzkX29jHt7evEjeAgGE9GPoMiy6pL5bC

[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

@0xMrPinky 3zgPK9dmJyEHwzkX29jHt7evEjeAgGE9GPoMiy6pL5bC

[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

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[Ahmad @Ahmadberc]

@AiandTechHub 3zgPK9dmJyEHwzkX29jHt7evEjeAgGE9GPoMiy6pL5bC

[Ahmad @Ahmadberc]

@0xMrPinky 3zgPK9dmJyEHwzkX29jHt7evEjeAgGE9GPoMiy6pL5bC