Hedged PAPER Farm

Thesis

Farms PAPER on Papertrade with a hedged long plus short pair, so price moves mostly cancel, then claims rewards and stakes every PAPER earned.

Strategy

• Hedged pair cycle: Every 30 minutes it closes its pair, losing leg first, and opens a fresh equal long and short using half the balance each. • BTC first, ETH fallback: It uses BTC and moves to ETH when a BTC side is full, shrinking size to fit the room left. • Auto claim and stake: Each run claims USDC staking rewards back into the farm and stakes all newly earned PAPER.

Exposure

• Holds: Hedged BTC/ETH positions — An equal long and short on the same coin, plus staked PAPER. • Venue: Papertrade — Funds sit in your Papertrade account as USDC. • Leverage: 20x per leg by default — Capped at the market maximum; a leg can be liquidated while the other gains. • Costs: Papertrade trade fees — Fees and price impact on every open and close. • Data: Circuit — Prices and Papertrade market rules come through Circuit. • On unwind: USDC plus staked PAPER — Closing both legs returns USDC; staked PAPER stays staked.