Machi Big Brother: PAPER May Remain Non-Transferable for a Long Time; Holders Currently Can Only Rely on Fee Income for Returns

Odaily reports that Machi Big Brother (Jeffrey Huang) posted on X that the PAPER token appears likely to remain non-transferable for an extended period, meaning fee distribution income will be the only way for holders to currently obtain investment returns. However, as the token supply increases, holders' share of fee distributions may also be diluted.

Machi pointed out that since PAPER has no team token allocation, token value, dilution issues, and exit liquidity matter more to holders than to the team, and fee income distribution is the area where both parties' interests align.

He concluded that there is still room to resolve the relevant issues.