Jez: PAPER prohibits transfers to avoid the risk of perpetual contract market attacks
Papertrade founder Jez stated that due to the faster than expected progress of the perpetual contract market, PAPER is currently set to a non transferable state to avoid potential attack risks and maintain the long-term healthy development of the agreement. Jez emphasized that PAPER represents users' rights to the benefits of the agreement, and its long-term value depends on whether Papertrade can continue to attract traders. The team made this risk management choice based on the operational data of the agreement's first week online.