ParaSwap has issued governance tokens and distributed them to the first users
A total of 150 million PSP tokens, 7,5 % of the total amount, will be distributed as part of the airdrop
![ParaSwap has issued governance tokens and distributed them to the first users](https://storage.getblock.net/source/1/8ee1u1k7QbWv5hI6_KlFPEeeMH3-BqXH.png)
16.11.2021 - 08:45
206
1 min
0
What’s new? The decentralized ParaSwap project has announced the release and airdrop of a new asset type namely PSP management tokens. The total issuance of tokens will be 2 billion, 150 million of which will be distributed to users.
RIP $WEN, long live $PSP 🔥🚀♥️🫂 #nowPSPhttps://t.co/FSiNGm5kVMhttps://t.co/eR6q3bCOOI pic.twitter.com/EqsfwvdWLn— ParaSwap (@paraswap) November 15, 2021
What features will the PSP have? Token holders will be able to take votes on important platform management issues. In addition, they will be able to withdraw tokens and use them for staking and revenue generation.
For categories of users other than airdrop participants, there is a lock-in of funds for a period of 2 to 3,5 years. The selection of participants was done manually. A total of 0,015% of the total number of addresses open on the platform participate in the airdrop.
Useful material?
Market
Australia’s largest financial institutions have refused to process payments to digital asset trading platforms due to the risk of fraud
Jul 26, 2024
Politics
According to the politician, the value of the country’s bitcoin reserves should equal the value of gold reserves
Jul 26, 2024
Mining
The capacity of the Bitaxe device used by the network participant is only 500 Gh/s
Jul 25, 2024
Trends
Meanwhile, Trump-inspired assets have not shown significant growth
Jul 22, 2024
Market
The fee will be as much as 2,5% compared to 0,25-0,19% for competitors
Jul 18, 2024
Market
This is the third consecutive month of decline
Jul 18, 2024