mintpapervault.xyz

A Papertrade account owned by its depositors. Fair. Non-custodial. No token. Not affiliated with @papertrade_xyz.

We are a product, not a token.

[mintpapervault.xyz @mintpapervault]

We wrote a field guide to SOLO farming paper without torching your stack.

losses mint paper. liquidation is the most expensive way to lose. hedge, pick your close, size leverage to the day's candles, not the slider

$PAPER

https://t.co/uGWiNr1VNr

[mintpapervault.xyz @mintpapervault]

tomorrow papertrade opens and we start farming with our own money. no token, no deposits from anyone

we’ll post the real numbers as they come: what the winning leg actually keeps, real paper per $, model vs reality

every backtest so far, ours included, runs on guessed haircut params. tomorrow we find out

[mintpapervault.xyz @mintpapervault]

@mikhryc0x free guide: https://t.co/uGWiNr1nXT

[mintpapervault.xyz @mintpapervault]

Hey @papertrade_xyz pre deposits are live btw!

No rush.

Let’s farm some paper

[mintpapervault.xyz @mintpapervault]

full field guide on farming without burning your stack: https://t.co/uGWiNr1VNr

[mintpapervault.xyz @mintpapervault]

papertrade predeposits open tomorrow. 5 things that'll save you money:

your deposit address is unique to your wallet. usdc has to land on hypercore spot at that address
coming from hyperevm, use the app's guided route. a raw usdc transfer to the proxy isn't credited
only canonical circle usdc. solana, arbitrum and ethereum work via cctp
the session key trades for you but can never withdraw. withdrawals always need your real wallet
don't plan to torch it. hedge

[mintpapervault.xyz @mintpapervault]

the pitch for tokens built on top of paper: most people can't farm it well, so buy a token that does

fair problem. but then your exposure is that token's price, not the paper behind it. and paper isn't transferable yet, so nobody can redeem it either

the other way to outsource the farming: keep custody. your usdc and your paper, recorded to your address

[mintpapervault.xyz @mintpapervault]

one thing worth modeling: farmers and traders feed stakers very differently

torch 1000x → ~100 paper minted per $1 that reaches the LP
hedged pair → ~600 paper per $1, because the other leg takes most of the loss back
so early farming mints a lot of paper that brought in little revenue. real yield per paper depends on organic traders showing up after, not on launch week

[mintpapervault.xyz @mintpapervault]

right, and the sale price depends on how you lose:

torch at 1000x: ~$0.0102 per paper
hedge on another venue: ~$0.003-0.0045 (paper only mints when its leg loses, plus fees + funding)
hedge both legs inside papertrade: ~$0.0012-0.0015
and the price only goes up from here, it rises as the LP grows

[mintpapervault.xyz @mintpapervault]

yes for our own capital: from 10/10 we run it through the frontend, same hedged pairs, automated

the vault itself is a contract, so it goes live once papertrade lets contract accounts trade. until then predeposits just sit there, withdraw any time. we'll post the first week of real numbers before anyone's usdc is involved

[mintpapervault.xyz @mintpapervault]

model numbers, papertrade hasn't published the haircut params. the direction holds either way: the more people hedge, the longer the 100/$ window lasts

[mintpapervault.xyz @mintpapervault]

every $1 torched at 1000x goes ~$0.98 into the LP
every $1 lost in a hedged pair puts ~$0.16 in, because the other leg takes the rest back
the 100 paper/$ rate ends when the LP hits $2M

so if CT torches, the flat window mints ~200M paper total
if CT hedges, ~1.2B

torchers aren't just paying more per paper. they're closing the window for everyone, 6x faster

[mintpapervault.xyz @mintpapervault]

on OI: per docs it's trailing, not a ceiling. a keeper rebuilds ~$5M of headroom per side as OI grows, so it throttles bursts, it doesn't cap total OI. closes free room too

and low lev vs high lev is a false choice. efficiency comes from hedging, not low leverage. a 69x pair has the size and the paper per $

[mintpapervault.xyz @mintpapervault]

@_jaechung you def wanna torch a 1000x lmao

[mintpapervault.xyz @mintpapervault]

agree on maxing pnl and keeping room for tails. but if the window is an hour, torching isn't the fast option, it's the expensive one. a 1000x pair closed at ~0.04% (just before bust) mints at about the same speed for ~215 paper per $ vs 98. same upside, half the cost

[jae @_jaechung]

the case for 1000x is that you are first to get tokens and stake

mint rate goes down past 5M, more people fomo, and you are earning their losses first

what if reserves jump to 50M in an hour? 1000xers win big

remember objective is to max PnL not just PAPER efficiency

[mintpapervault.xyz @mintpapervault]

@_jaechung @Psyxology_ yes

[mintpapervault.xyz @mintpapervault]

@rauliqer @papertrade_xyz on "can paper retain value": supply isn't really infinite. the rate falls with the square of LP growth, so total mint converges, ~12B ever if losses stay in the LP. dilution slows hard as the pool grows

[mintpapervault.xyz @mintpapervault]

everyone's worried paper has infinite supply.

the mint rate falls with the square of LP growth
add it up and total mint converges. if every $ lost stays in the LP, max supply is ~12B paper.

~30% of all the paper that can ever exist gets minted before the LP hits $50M.

[mintpapervault.xyz @mintpapervault]

@eth_elian @paperstrategy_ I hope you guys make it as decentralized as possible

[mintpapervault.xyz @mintpapervault]

@mystcapital @papertrade_xyz on the supply concern: it's uncapped but it converges. the rate falls with the square of LP growth, 100·(120M/(120M+H))², so total mint has a ceiling. if every $ lost stays in the LP that's ~12B paper, ever. debasement slows as the pool gets bigger

[mintpapervault.xyz @mintpapervault]

@cuongisreal_ @paperdao_xyz @papertrade_xyz Who controls the treasury