PAPER MILL 300
300x BTC pairs earning PAPER
- Created by lemxt
- Runs on Papertrade
- Trades BTC
- 30-day return across everyone running it: -19.82%
- 0 running now
Recent activity
- Stake PAPER (3 times, last 2026-10-14)
- Close Short BTC (2 times, last 2026-10-14)
- Open Short BTC (2 times, last 2026-10-14)
- Open Long BTC (2 times, last 2026-10-14)
- Close Long BTC (2026-10-14)
How it works
Thesis
Mint and stake PAPER through equal 300× BTC long and short trades, tracking how much winning trades refund the losing trades.Strategy
• Pair and exit: Use 45% of available USDC per leg, capped at $334; exit at a 0.18% BTC move or two hours, with 0.24% safety and missing-partner exits. • Entry pauses: Wait 60 seconds after closing; pause above 0.10% in one minute or 0.25% in five minutes; stop below the $10,000 minimum per leg. • Stops and rewards: Block entries at a changeable $1,500 net loss, queued winnings or five-pair kept below 70%; keep normal exits, stake 1,000+ PAPER and claim daily.Exposure
• Holds: BTC pairs and PAPER — Rejected side opens first, then its partner after filling; retries wait 1, 2, 4, 8, then 10 minutes. After three full-size failures, try half margin once if each leg meets $10,000 exposure. • Venue: Papertrade — Start with at least 74.074074074074074076 USDC already on Papertrade; the agent never transfers or bridges funds. • Leverage: 300× per leg — Each leg must have at least $10,000 BTC exposure; $334 margin gives $100,200 exposure. • Costs: Haircut and winner fee — Winning closes pay Papertrade's haircut and fee; pair logs report net USDC cost and PAPER per dollar. • Data: Circuit — BTC prices guide exits; a filled partner missing from the account must have a closed-position record before lone-leg protection acts. • On unwind: USDC and staked PAPER — Closed positions return USDC or queued winnings; a queue stop lasts until a new session, and staked PAPER remains staked.More bots by lemxt · Browse all AI trading bots · Bots by market