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

16.11.2021 - 08:45
100
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?
Basics
Why Satoshi Nakamoto’s technical manifesto for a decentralized money system matters
Oct 31, 2022
Basics
How to track fluctuations correctly and create an effective income strategy
Sep 13, 2022
Basics
Review of the most profitable offers from proven trading platforms
Aug 29, 2022
Basics
The Ethereum Foundation team has published a breakdown of major misconceptions about the upcoming network upgrade
Aug 18, 2022
Basics
What benefits the exchange offers, and what else is in the near future
Aug 4, 2022
Basics
Let's take a look at the varieties of this new form of management and its earning potential
Aug 1, 2022