Launching a token on BuilDeFi now costs $0. Every module included. You only pay gas.

JUST IN: Anthropic recorded a staggering $80,000,000,000.00 net loss in the first half of 2026.

Papertrade is slowly rugging its own users🚨 The situation with $PAPER is getting ridiculous For those unfamiliar, Papertrade launched on HyperEVM just 10 days ago, allowing users to trade with 1,000x leverage every time you lost money or got liquidated, you received $PAPER You could then stake those tokens to earn USDC from the protocol’s revenue Well, in its first few days, Papertrade generated $1T in trading volume, with traders losing $54M and $45M distributed in staking rewards Some people were even deliberately losing money to farm PAPER One wallet lost $979K to mint 252M PAPER and received $1.87M in staking rewards within days But yesterday, the team announced some pretty significant changes First, $PAPER won’t be transferable anytime soon Actually, the team said they have no plans to enable transfers outside the protocol at this stage (Remember that users were farming this token expecting it to eventually become tradable) Paragon, which had paid around $45K to secure the PAPER ticker on Hyperliquid’s HIP-3 infrastructure, immediately shut down its market Aster did the same The team is also changing PAPER’s emission model Previously, the initial rate was 100 PAPER for every $1 lost Under the new system, each $1M in eligible losses will mint approximately 0.1% of the existing supply Meaning that as supply grows, more PAPER gets created for the same amount of losses (existing holders get diluted) The team literally acknowledged this in its announcement So imagine being one of the earliest users, losing money to farm PAPER, and suddenly discovering that: - You can’t transfer or sell your tokens - The pre-market where people were trading them has disappeared - Your share of future staking rewards will gradually be diluted - The protocol is changing its fee structure too Now, to be fair, the team has an explanation They argue that allowing people to short PAPER externally could make attacks against the protocol’s liquidity pool profitable But here’s my problem If making PAPER transferable creates such a serious threat to the protocol, why wasn’t that risk properly addressed before people started farming it? And why should early participants accept dilution after taking the biggest risks? Especially when those people have no way to exit their positions