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![VeloraDEX Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1119329153814355973.png) Velora (formerly ParaSwap) [@VeloraDEX](/creator/twitter/VeloraDEX) on x 109K followers
Created: 2025-07-22 14:05:52 UTC

Velora is governed by a DAO and yes, that means a token🪙

$PSP is the current governance token, used for staking and voting.
But the rebrand is nearly complete, and $VLR is almost here.

After the incentives campaign, $PSP holders will be able to migrate 1:1 to $VLR 🔁

We're lining up exclusive rewards 💰 for our most loyal community members, designed to help you unlock the full power of Velora.


XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1947659363000160639/c:line.svg)

**Related Topics**
[playstation](/topic/playstation)
[holders](/topic/holders)
[$vlr](/topic/$vlr)
[staking](/topic/staking)
[governance](/topic/governance)
[token](/topic/token)
[coins dao](/topic/coins-dao)
[$psp](/topic/$psp)

[Post Link](https://x.com/VeloraDEX/status/1947659363000160639)