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      Papertrade Traders Experience $18.2 Million Loss Amid Staking Rewards of $12.6 Million

      Traders on the Papertrade platform have incurred losses totaling $18.2 million, as reported in recent financial disclosures. This significant loss comes despite the platform distributing staking rewards amounting to $12.6 million, which represents approximately 69% of the net trading losses.

      The staking rewards are allocated to holders of the PAPER token, benefiting those who stake rather than providing direct compensation to individual traders who faced losses. This redistribution model has raised questions about the effectiveness of the rewards in mitigating the financial impact on traders who lost money during the trading period.

      © 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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