🫂PSP 2.0

Holders of PSP tokens can get further involved with Velora to help improve the efficiency and decentralization of the service while participating in the Social Escrow system.

Users can choose to stake either PSP (sePSP) or a 2x boosted PSP/ETH hybrid pool (sePSP2) to participate in the system.

Staking PSP in either sePSP method allows you to earn incentives for the services you provide to Velora in the form of a portion of the accrued protocol fees. The more value you add to Velora, the more you can earn, by performing actions such as trading, market making, and referring others to the protocol, you can receive a boost on your stake.

🥩PSP staking mechanisms⚖️Incentives distribution🗣️Social Escrow System and ParaBoost➡️Staking PSP⏸️Unstaking PSP

For more information, visit Velora's Help Center