$PULP rewards date proposal
each active voter will have a 1.15× multiplier applied to their reward claim.
no seed lp. no pre-mint. no team or vc paper.
the lp starts at $0 and bootstraps from trading. you trade against the pool: winners get paid, or queued first-in, first-out if the lp is short, and losses mint paper, the only claim on future lp revenue.
paper minted per $1 of loss basis
against tracked lp size. flat to ~$2m, then decaying. decay shape illustrative.
- one way to mint
- you can't buy into the lp. paper mints only when a position closes at a loss or is liquidated.
- the rate follows the lp
- while tracked lp is under ~$2m, every $1 of loss basis mints 100 paper. then the curve decays.
- paper earns usdc
- stake paper for a share of lp revenue. once the lp clears ~$5m, the excess sweeps to stakers.
farm papertrade together.
minting paper well takes size and a method. paperdao pools capital so we get size on day one and share the pnl and paper exposure as a group, instead of watching from the sidelines.
- 1
pool
raise on daos.world. one treasury, more size than any of us alone.
- 2
trade
deploy a range of strategies from the first block, buying paper at the lowest cost we can.
- 3
share
paper, staking yield and pnl stay in the treasury, owned pro rata through $pulp.
one token, one claim on the treasury.
$pulp is a pro rata share of everything paperdao holds, redeemable for paper.
supply
- total supply1,000,000,000
- uniswap v4 pool150,000,000 (15%)
what the treasury holds
- usdc trading capitalliquid
- paperstaked
- usdc from stakingaccruing
rewards for lockers
lock $pulp for 10, 20 or 30 days to earn rewards in $pulp and eth. earlier and longer locks earn a bigger share.
earn $pulpin place before the first block.
-
10.07.2026
raise on daos.world 7 oct 2026
eth raised on robinhood chain. $pulp minted and the pool locked.
-
10.08.2026
predeposit
the treasury moves to hyperevm and deposits ahead of the launch rush.
-
10.08.2026
live trading
paperdao trades from the first block. paper mints from a supply of zero.
-
later
redeem for paper
once paper can be transferred, $pulp holders redeem for their share of paper.
pulp in.
paper out
the raise is trading capital for papertrade. no returns promised. deposit at your own risk.