gLighter, got many questions about yesterdays weekly Lighter Points post so here is some wrap up I've created (answer for most of them) to conclude: volume is not everything as I clearly stated proving it week after week, usually got few points trading ~$100 and doing very very little volume (I to be honest use it for my enjoyment that I can buy few Lighter points for few dollars a week) QA (tips for you): 1. which pairs you are trading? - I am using mostly new pairs/low OI pairs (think about it in the simple way, you can open x50 position on majors where there is billions of volume or open x3/x5 position on fresh market with less competition) 2. how long do you keep trades open? - I dont know, there is no desired time for the trade, do it organic way, think that you are trading and points are given on top not opposite 3. are you net positive or negative? - usually positive but from time to time it's opposite but I dont gamble this, if you can stay positive then just do it (isnt that the clue of trading?) 4. do you liquidate yourself on purpose? not on purpose but sometimes happen organically haha things to consider that could be counted (are not sure): - my Lighter account is 9 months old - held mid 5 figures in LLP for quite long time - I am using mostly maker orders (instead of market ones) - my overall ratio should be good after long history of organic trading stay organic, don't chase the volume, enjoy the process, it's not a wash trading competition thanks!

Burning 1% supply per day is siiick (wtf that speed). Fortunately (for you) it is sitting below 4m because people do not understand why and what Jez changed in @papertrade_xyz @paperstrategy_ is already at 2nd place of all $paper holders and it is going for 1st place (few days)

Perhaps I shouldnt even reply to this obvious bait but welp, here it is: Farming paper was profitable af but 2 minutes after the start you could only get filled on notional with mid 6 figs margin on 1000x leverage. 5 figs on 1000x was placing you around 400-600th place and it wasnt moving at all. Conclusion: no skill needed, you could get easy 100% back in one day if you already had mid 6 figs or were lucky(or fast enough) in first minutes after the start In terms of extended: truely skill based - you could farm 6 figs with $1000 or just lose everything after one trade Tl;dr Paper worked only for already decent size portfolio Extended worked only for skilled people (Like most of the perpetual dexes, except for few unicorns that was profitable even with DN)

There is one @Evan_ss6 for everyone but looks like people are more bullish which is not good

There was the era of points farming There was the era of buying allocations There was the era of lotteries for allocations There was the era of tasks for airdrops There was the era of liquidity farming There was the era of hidden farming Now we have “liquidate to get token” on @papertrade_xyz

intresting part? he dumped every $pstr he held in 10 hours yet, we are above 7m market cap - bullish

Top 2 PnL on @papertrade_xyz (+$514K) is buying @paperstrategy_ Already sitting on 33M $PAPER, yet still accumulating $PSTR Currently holding 20M $PSTR ($160K) Average entry: ~$7M MC If the top performer is loading at these levels, why aren’t you?

4 days: - 5% circulating supply gone - moving close to top3 stałeś (top1 is few days away) - earning more than spending - using less than half of earnings for burning - one day $paper will be tradeable.. still cheap, not even 20m

two scams one day, please, have a mercy for real, are celebrities using crypto space as their personal deposit?

so maybe it was some kind of signal

old coings doing +50/100% daily would be top signal back in the days, was it same right now? i don't think so but whis whole pump old bags cabal stinks

it looks like ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 is ready to breakout, triple top does not exist in crypto there is always chance that BTC gonna do something nasty but it looks cool

like I told you, shitloads of $PAPER

so the only way to get exposure on $PAPER from @papertrade_xyz for people with less than 7/8 liquid figures comes through @paperstrategy_ it comes with risks: - many unknowns (team [only @eth_elian?], strategy, burns etc) - tax 10% both sides - hard to enter since its almost ATH what we know: - it is constantly close to ATH - gets shitloads of $PAPER circa $0.005 per 1 i've aped but do your DD before, any thoughts? the biggest risk is: will papertrade keep the volume?

so $10M notional on @papertrade_xyz gives you #575 place in queue, good luck farming it without 6/7 or even 8 figs deployed plot twist? queue does not lower since it prioritises bigger trades so right now it'll never fill lol "i am gonna farm it delta neutral with 100x leverage" nah, you won't

"long term play" meanwhile first 8 minutes and house got already almost $900k so $PAPER emissions will be much lower in next 10 minutes

next lvl shit speculation, pants for $2k sold out in minutes we've got too much money in the industry, but I bet x1000 leverage will solve the problem

looks like intern loves poking dead chains (blast, abstract and so on..) wondering if it is @Polymarket x @0xPolygon announcement or it's not related if I had to guess I'd expect some big payment provider using polygon or their infra but I'd love to see token from PM, ngl

Didn't even take that long

its called gateway because they gonna run with your funds again

Like always