PAPER

$PAPER is the cross-chain bridging token. Th

50 Million PAPER will be emitted in total across all chains, regardless of when CryptoLink launches on a chain, ensuring PAPER as a deflationary asset once 50 Million $PAPER is minted.

PAPER emissions are currently only rewarded to the INK Single Stake Pool. When the Any-Any Swap is launched, the $PAPER emissions will change.

PRE-LAUNCH OF DEX (Now - Launch of Any-Any Swap)

PAPER is emitted on a linear schedule of 5 Million per current chain over the course of 3 years from the time of launch on each chain.

See INK for more information on PAPER emissions.

PAPER tokens are transferable across all supported chains. The PAPER token is burned on the source chain, and is minted on the destination chain. There are no net changes in the total supply of PAPER tokens across all chains when transferring tokens.

The price of PAPER tokens may fluctuate between chains. Arbitrage opportunities between chains can exist for purchasing PAPER on the lower cost chain and selling it for a profit on the higher cost chain. This action will encourage an equilibrium of token prices across supported chains.

There is no tax on the buying or selling of PAPER.

The current LP Reward structure for PAPER-Native LP follows the former Printer.financial System. LPs are rewarded with the $INK token on a schedule that previously was going to cap $INK at 100,00 per chain. This system will be changing when the Any-Any Swap is launched. $INK rewards will stop when the Any-Any Swap is launched and $INK will officially be capped at that time on every chain.

Please see Liquidity Structure for information on how LPs will be rewarded in the new system.