Applications for
@paperdao_xyz WL are open.
Here’s the simple version of what they’re building:
PaperDAO is basically a community-owned treasury. Instead of everyone trying to trade Papertrade individually, members pool ETH together and the DAO uses that capital to participate in Papertrade from the start.
You get
$PULP for your share of the treasury.
And
$PULP isn’t just a token to hold, it represents your portion of what the treasury generates, including trading profits, staking rewards and the
$PAPER accumulated through the strategy.
The interesting part is the timing.
Papertrade is launching on HyperEVM with no seed liquidity, VC allocation or team pre-mint. The idea is that traders interact directly with the protocol’s liquidity, while losses contribute to the
$PAPER supply.
PaperDAO wants to be positioned early, before the market gets crowded.
A few dates to keep in mind:
• 50 ETH hard cap
• Oct 8 - predeposit
• Oct 10 - Papertrade goes live
•
$PULP = your share of the treasury
So in simple terms:
ETH goes in → PaperDAO puts the capital to work → the treasury earns from the strategy →
$PULP represents your share.
WL applications are live.
Worth taking a look if you want to get in early 👇
daos.world/launch/paperdao