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.
The rebrand represents evolution in real time.
Velora's Delta v2.5 shifts from traditional DEX aggregation to intent-based execution: users state goals, agents optimize execution.
It's the same composability philosophy Balancer pioneered, applied to trade execution.
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