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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:

FIG. 1 · Twenty-eight days of PAPER emissions. The genesis block is a fixed allocation, not a daily rate, and is not drawn to scale. The schedule is not a price, a yield, or a return.

Taper schedule​

WindowPAPER per day
Days 8–145,000
Days 15–213,000
Days 22–282,000

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​

PoolTaper weight
PAPER/SPY liquidity40%
PLATE/SPY liquidity60%

The taper rewards the same PAPER/SPY and PLATE/SPY liquidity that earns oPLATE after genesis.

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