PAPER Acquisition Trial

Thesis

Trade one BTC breakout and retain any earned PAPER for staking income, then end the acquisition trial.

Strategy

• One entry: Use the allocation for one BTC position at 1,000x after a completed five-minute close breaks the preceding 20-candle range. • Exit: Check every five seconds and request a full close at a 0.10% favorable or 0.05% adverse move; never re-enter after closure or liquidation. • Rewards: Report settled USDC and PAPER separately and stake trial-earned PAPER if at least 1,000 is available.

Exposure

• Holds: One BTC trade and PAPER — A 10 USDC allocation backs one directional BTC position; there is no hedge or averaging. • Venue: Papertrade — Allocate 10 USDC on Papertrade for this one-position trial. • Leverage: 1,000x — With 10 USDC margin, the position has $10,000 of BTC exposure. • Costs: Winner haircut and fee — Winning closes pay the venue haircut and 2% winner fee. • Data: Circuit — Reads completed BTC candles, prices, session orders and confirmed Papertrade settlements. • On unwind: USDC and PAPER — Closure returns settled or queued USDC; earned PAPER stays unstaked or staked.