ParaSwap is migrating $PSP token, shifting from a simple DEX aggregator to an intents-powered DEX.

You'll be able to swap among many chains with agents competing for the best price.

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The current $PSP token will be migrated.

Key details:

• Total supply: 2 billion tokens

• Migration ratio: 1:1 (1 PSP = 1 new token)

• 63% of the new supply is allocated for PSP migration

Note: 63% is based on currently distributed PSP, so no dilution.

The rest of 37% will be distributed as follows:

• 20% to Foundation: focus on growth, marketing, and strategic investments.

• 17% to DAO manage user incentives, retrofunding (rewarding past contributions), and protofunding (future initiatives).

You'll have 12-18 months to migrate.

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Btw, I'm a delegate for Paraswap DAO.

If you'd like to delegate to me, here's my address: 0x3DDC7d25c7a1dc381443e491Bbf1Caa8928A05B0

You can also use this address to delegate in other DAOs where I'm a delegate: Aave, Lido, Arbitrum, Optimism, Polygon & Uniswap

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