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      Papertrade Reports $10.3 Million in Staker Rewards Following Launch

      Papertrade, a decentralized finance (DeFi) platform, has announced that it generated $10.3 million in staker rewards just hours after its launch. The platform, which offers a 1000x leverage trading venue, reported that its dashboard indicated approximately $5 million in its house pool, with no outstanding payout debts.

      The rewards were funded through trading losses, which contributed to the distribution of PAPER tokens to stakers. This innovative approach to incentivizing participation in the platform has drawn attention within the DeFi community, highlighting the potential for high returns in leveraged trading environments.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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      Terra Founder Do Kwon Sentenced to 15 Years in Prison for Fraud