Paraswap rebranded to @VeloraDEX!
And the $PSP to $VLR migration window is already live!
More than a rebrand, this is a complete protocol evolution from DEX aggregation to intent-based trading architecture.
Let's dive deeper 🧵
Balancer has been core infrastructure for $PSP liquidity since ParaSwap's early days, hosting the PSP/WETH pools that powered their governance and staking systems.
As ParaSwap evolves to @VeloraDEX's intent-based architecture, our pools adapt to support their next chapter!
$PSP holders have a 3-month incentivized window started in June 2025 with gasless one-click interface on Base.
No penalties announced yet, but Velora allocated 10% of total $VLR supply specifically for growth and migration incentives, so early movers get the best rewards!
To migrate your tokens, access
The unified interface brings gasless 1:1 PSP→VLR conversion with instant staking access across Mainnet, Optimism & Base.
sePSP2 holders get bonus VLR rewards but only until December 16th.
Don't sleep on that one.
$VLR powers intent-based trading with MEV protection, cross-chain execution in seconds, and Super Hooks for complex DeFi strategies.
Staking rewards now tie directly to liquidity contribution rather than complex boost calculations.
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