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PaperTrade Address Reaches $1.04 Million Profit After Staking PAPER

PaperTrade Address Reaches $1.04 Million Profit After Staking PAPER

Photo: TokenPost

A crypto wallet on PaperTrade has reached $1.04 million in cumulative net profit through staking rewards after losing $979,000 in trades on the platform’s launch day. The address generated $10.1 billion in trading volume that day and earned 252 million PAPER. It stopped trading after launch day and began staking PAPER, with the rewards eventually covering its trading loss. The gain marks a new stage for an address previously covered for its staking rewards . By Oct. 16, those rewards had reached $1.73 million in USD Coin (USDC).

Source: TokenPost

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