Fixed genesis. Then a decline.
After the seven-day genesis, a further 70,000 PAPER goes to liquidity through days 8–28, alongside oPLATE emissions, on a declining schedule:
Taper schedule
| Window | PAPER per day |
|---|---|
| Days 8–14 | 5,000 |
| Days 15–21 | 3,000 |
| Days 22–28 | 2,000 |
The schedule is published so participants can see the change in advance. A declining schedule does not predict price, fee flow, participation, or returns.
Taper pool weights
| Pool | Taper weight |
|---|---|
| PAPER/SPY liquidity | 40% |
| PLATE/SPY liquidity | 60% |
The taper rewards the same PAPER/SPY and PLATE/SPY liquidity that earns oPLATE after genesis.
Continue to The Press Room.