Been doing some research on
@paperdao_xyz and I think the timing behind this project is what makes it interesting 🤓
Papertrade launches October 10 on HyperEVM, with liquidity starting from basically zero and an early PAPER emission curve that is heavily front loaded. That could create a unique opportunity for participants who are positioned early.
PaperDAO is built around capturing that opportunity collectively. The DAO pools capital, pre deposits ahead of launch and aims to participate from the first block, using trading strategies to accumulate PAPER and grow the treasury.
What I like is that $PULP is tied to the treasury, giving holders exposure to what the DAO accumulates rather than being just another token launching alongside a trading platform.
There are obviously risks with trading, leverage, liquidity and execution, but the mechanism behind PaperDAO is genuinely interesting and worth watching closely.
I’ll definitely keep my eyes peeled for this
Thanks for bringing it to my TL
@emmyb0y