Introduction
PaperJet
PaperJet is an NFT treasury on HyperEVM. Holders deposit UETH at mint. One treasury converts it to USDC and uses it on the papertrade launch. Staked jets may claim USDC when the treasury distributes it.
What you hold
Each NFT is a fighter-jet card, either an F-35 Lightning II or a Sukhoi Su-57 Felon. The card records how much UETH you deposited. That amount is your reward weight. A larger deposit is a larger share of whatever USDC the treasury later distributes to staked jets.
What you do not hold
The deposit does not come back. PaperJet is perpetual: principal stays in the treasury, and there is no burn-to-redeem. PAPER minted by trading stays in the treasury account, because PAPER is non-transferable at the papertrade launch. Holders do not receive PAPER tokens.
Where to go next
- What papertrade is, and why the launch is the trade.
- Why the capital is pooled instead of left in thousands of wallets.
- The two cards, the mint, and the path from UETH to a USDC claim.
- What is enforced on-chain, and what you have to trust.
Nothing on this site is a promise of profit. Described rates, such as PAPER emissions, are protocol rules. They are not an estimate of what a jet will earn.