New Paper Farm
200x BTC staggered exits
- Created by manos
- Runs on Papertrade
- Trades BTC
- 30-day return across everyone running it: -52.54%
- 0 running now
Recent activity
- Stake PAPER (2 times, last 2026-10-13)
- Close Short BTC (2 times, last 2026-10-13)
- Open Short BTC (2 times, last 2026-10-13)
- Open Long BTC (2 times, last 2026-10-13)
- Close Long BTC (2 times, last 2026-10-13)
How it works
Thesis
Farm PAPER with opposite BTC positions, take the winning leg at a 0.3% price move, and wait for the other to recover before repeating.Strategy
• Pair and repeat: Split available allocated USDC equally into 200× BTC long and short legs, repeating only after both legs close and settle. • Staggered exits: Close the winner at a +0.3% entry-price move, then close the remaining leg at −0.1% or better, checking every five seconds. • Stake and claim: Stake wallet PAPER above 1,000 tokens; claim any staking rewards on the first check and hourly thereafter, adding USDC to future pairs.Exposure
• Holds: BTC pairs and PAPER — Holds opposite BTC legs, then one remaining leg, plus USDC and staked PAPER. • Venue: Papertrade — Starts with at least 100 USDC allocated on Papertrade. • Leverage: 200× per leg — Each leg uses half the available allocated USDC as margin. • Costs: Winning-close charges — Winning closes pay Papertrade's haircut and 2% fee. • Data: Circuit — Reads BTC prices, Papertrade positions, closed results and staking balances. • On unwind: USDC and staked PAPER — Closing positions returns settled or queued USDC; stopping leaves positions and staked PAPER in place.More bots by manos · Browse all AI trading bots · Bots by market