Traders Comment on PAPER Token's New Supply Model: Weakens Early Miners' Advantage, Benefits Long-Term Protocol Development

On October 20 that trader degentrading published an analysis stating that Papertrade (@papertrade_xyz) released an explanation regarding the transferability of the PAPER token. The explanation notes that Papertrade is a relatively complex primitive with high risk management complexity, and the PAPER token is more deeply integrated into the protocol's economic model than tokens of most other protocols.

The analyst pointed out that compared to the previous supply model, users and miners who joined later will receive a relatively larger share, diminishing the advantage of early miners. He believes this adjustment disadvantages early participants but benefits the protocol's long-term development and organic users.