You can only activate 1 card with this card’s name once per turn. You can only use the (2)nd effect of this card’s name each once per turn.
(1) When this card is activated: You can discard 1 card, and if you do, Set 1 Continuous Trap from your Deck or GY, with an effect that Special Summons itself as a monster, except the discarded card.
(2) If a card(s) you control is destroyed by battle or card effect, and sent to the GY or banished face-up: You can target 1 of them; add 1 card with the same name from your Deck to your hand.