ParaSwap (PSP) is a token of a network of liquidity aggregators supported by leading market makers. PSP token is used for staking and managing ParaSwap.

ParaSwap news today, PSP crypto latest news of token ticker

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Keywords Tokenomics, staking, fees   Simple Summary PSP is a utility token meant to scale and govern the ParaSwap Protocol. After 6 months of observing community feedback and actively participating in debates as well as governance discussions, we think that there is room for improvements on the current tokenomics including the incentive mechanisms. The current proposal aims to come up with a new design model that tries to make PSP more efficient.  Curve’s tokenomics have proven to be the most r...

Psp-ip: PSP 2.0

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New proposal aiming to make $PSP more efficient

It's a veCRV-inspired model adding value accrual to stakers.

Join the discussion & let the community know what you think http://gov.paraswap.network/t/psp-ip-psp-2-0/876

https://twitter.com/paraswap/status/1526571029396611073

New proposal aiming to make $PSP more efficient. It's a veCRV-inspired model adding value accrual to stakers.