On October 16, a trader was reported to have received USDC rewards valued at $1.73 million after staking 252 million PAPER. According to BlockBeats On-chain Detection, Lookonchain tracked an address that generated $10.1 billion in trading volume on Papertrade’s launch day, lost $979,000 and received 252 million PAPER. The address later stopped trading and staked the tokens; it has earned $762,000 so far.
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Trader Earns $1.73 Million in USDC Rewards by Staking 252 Million PAPER
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