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Papertrade Keeps PAPER Nontransferable as It Revises Fees and Minting

Papertrade Keeps PAPER Nontransferable as It Revises Fees and Minting

Photo: TokenPost

Papertrade has no current plan to allow transfers of its PAPER token outside its contract and plans to revise short-term trading fees and token issuance to address risks tied to short exposure against its pool. The fee changes will roll out in phases and apply only when a trade closes within 0.06% or 0.1% of its opening price, depending on the applicable threshold. Trades closing farther away will keep their current fees.

Source: TokenPost

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