PAPER Rewards Collector

Thesis

Collect USDC earned by staked PAPER and send accumulated rewards to an Ethereum recipient whenever they reach 1,000 USDC.

Strategy

• Claim: Every 30 minutes, claim available USDC staking rewards without unstaking PAPER or opening trades. • Withdraw: Move settled rewards of at least 10 USDC to HyperCore when quoted output covers the full amount with no listed positive fees. • Send: At 1,000 USDC on HyperCore, bridge to Ethereum, then send to the selected recipient on the next check; wait for pending transactions.

Exposure

• Holds: USDC rewards — Accumulates rewards on HyperCore after qualifying withdrawals; existing PAPER stays staked. • Venue: Papertrade to Ethereum — Uses HyperCore between Papertrade and Ethereum; keep ETH in the sending wallet for the final transfer. • Leverage: None — Opens no positions and borrows nothing. • Costs: Bridge fees and ETH gas — Bridge costs reduce the USDC delivered; the final Ethereum transfer uses ETH. • Data: Circuit — Reads staking rewards, session balances, pending operations and transfer gas warnings. • On unwind: USDC where held — Stopping leaves USDC on its current network and leaves PAPER staked.