300,000 PAPER, published in advance.
Genesis distributes a fixed 300,000 PAPER budget across four pools. The PAPER/SPY liquidity pool runs all seven days. The SPY, WETH, and USDG pools open on day 2 and distribute their full share by day 7, when all four end together. The table shows each pool's share of that budget and whether the deposit fee applies.
Genesis pool weights
| Pool | Genesis weight | PAPER | Open | Deposit fee |
|---|---|---|---|---|
| PAPER/SPY liquidity (hero) | 50% | 150,000 | Days 1–7 | None |
| SPY | 25% | 75,000 | Days 2–7 | 1% in-kind |
| WETH | 12.5% | 37,500 | Days 2–7 | 1% in-kind |
| USDG | 12.5% | 37,500 | Days 2–7 | 1% in-kind |
Every pool is delivered through the genesis farm. Participation changes each participant's share; a displayed weight is not a promise of an individual outcome.
PAPER/SPY liquidity is the hero because the protocol's job is SPY depth.
Deposit fees
The three single-asset pools (SPY, WETH, and USDG) each charge a 1% in-kind deposit fee, taken in the asset deposited. The PAPER/SPY liquidity pool charges no deposit fee. A single-asset deposit made before day 2 pays the fee and earns nothing until its pool opens. Fees are protocol parameters: they do not make deposits safe or recover losses. Genesis pays only the published pool allocation. Read the risk disclosure before depositing.
Continue to the days 8–28 taper.