PAPER MILL $20

Thesis

Earn PAPER from opposite 1,000x BTC positions, then stake the tokens for USDC rewards.

Strategy

• Pair: Split all available USDC equally between a BTC long and short at 1,000x; two legs require at least 20 USDC. • Exit: Check every five seconds and close both legs after a 0.02% adverse move; close a lone surviving leg immediately. • Earn and repeat: Reopen while funds cover a pair and losses stay below 20% of starting capital; stake at 1,000 PAPER and claim rewards every 30 minutes.

Exposure

• Holds: BTC pair and PAPER — Starts with 20 USDC, placing 10 USDC behind each opposite BTC position and staking earned PAPER. • Venue: Papertrade — Fund Papertrade USDC on your EVM wallet before starting; another pair needs at least 20 USDC available. • Leverage: 1,000x per leg — Each initial 10 USDC margin controls a 10,000 USDC BTC position. • Costs: Haircut and winner fee — Winning closes pay Papertrade's move-dependent haircut and 2% fee. • Data: Circuit — Uses BTC prices, the session's positions and Papertrade balances. • On unwind: USDC and staked PAPER — Stopping leaves positions and stakes in place; closing BTC returns available USDC to Papertrade.