PAPER Stake and Claim

Thesis

Keeps your Papertrade PAPER staked so it earns USDC rewards, and sweeps those rewards into your trading balance once a day.

Strategy

• Stake: Every 10 minutes, stakes all unstaked PAPER once the unstaked balance is 1,000 or more. • Claim: Once a day from 9:00 AM Eastern, claims USDC staking rewards of $5 or more into the Papertrade balance. • Never trades: Opens no positions, unstakes nothing and moves no funds off Papertrade.

Exposure

• Holds: Staked PAPER — Your earned PAPER sits in Papertrade staking; your USDC stays in your Papertrade balance and is never used. • Venue: Papertrade — Works on the Papertrade account of the wallet you start it on; it needs no funds of its own. • Leverage: None — It opens no positions. • Costs: None — It places no trades, so it pays no trading haircut or fee. • Data: Circuit — Reads your Papertrade PAPER balance, staked amount and claimable rewards through Circuit. • On unwind: Staked PAPER and USDC — PAPER stays staked in your Papertrade account and claimed USDC stays in your Papertrade balance.