A trader lost $979,000 on the first day of Papertrade, recouped losses through PAPER staking, and netted a profit of $1.04 million.

BlockBeats news, October 20 - According to Lookonchain monitoring, trader 0x35b2 has accumulated a net profit of $1.04 million on Papertrade. He only participated in trading on the platform's first day, generating $10.1 billion in trading volume and incurring a loss of $979,000, but received 252 million PAPER tokens.

Since then, he has not traded again, only earning rewards by staking PAPER, which not only covered the previous loss of $979,000 but also earned an additional $1.04 million.