Papertrade announces ban on token PAPER conversion, with daily revenue falling out of the top 20 of the agreement

After Papertrade announced the ban on token PAPER conversion, its daily revenue fell to $178000, falling out of the top 20 in terms of protocol revenue. Papertrade had a total revenue of 61.96 million US dollars in the 12 days since its launch, ranking among the top 3 in terms of revenue in the past 7 days. Since the announcement of the ban on token PAPER conversion on October 20th, user trading activity has decreased and the protocol TVL has dropped to $40 million. PaperTrade founder Jez stated that the transferability of tokens does not change users' choices for trading on PaperTrade.