Shredded paper

I've not used it as a mulch but I have a 2 stage compost heap used mainly for weeds but also some paper and cardboard. The side I accumulated last year will be used next year and the side I'm filling up this year will be used the year after. Small boxed and paper bags (like 16kg flour bags from Shipton Mill) go on whole. I think slugs and time do a good job of breaking them down. I do have a hot bin as well, acquired before Covid at a flower show. It's used mainly for kitchen waste especially stuff that might attract rats. Any shredded paper is used in our composting toilet .