The Velora airdrop listing date has been announced, with Binance Alpha set to be the first exchange to list VLR tokens on September 16. This next-generation, cross-chain protocol offers traders and dApps seamless, gas-free trading, backed by ParaSwap’s $100B+ track record.
Eligible users can claim their airdrop via Binance Alpha Points on the Alpha Events page as soon as trading goes live. KuCoin will also follow shortly, opening additional avenues for user to engage with VLR.
The Velora airdrop marks a major milestone in decentralized finance. Binance Alpha will lead the token launch, allowing early adopters to participate in the airdrops and start trading immediately.
KuCoin is also scheduled to list VLR soon, ensuring wider accessibility for global users. User must check the Binance Events page to claim airdrops and stay updated for additional announcements regarding KuCoin listings.
Velora is a cross-chain, intent-driven protocol designed to provide traders and decentralized applications access to the best liquidity while executing trades at optimal prices. Its gas-free and MEV-protected framework ensures a seamless user experience. With Delta, it evolves into a next-generation trading engine, building on ParaSwap’s reputation as a trusted DEX aggregator.
ParaSwap’s total supply consists of 2 billion PSP tokens, with 7.5% (150M PSP) distributed to existing active users to encourage community growth. Token allocation is structured as follows:
Ecosystem: 51%
Core Team: 17.6%
Seed Investors: 14%
Reserves: 10%
Future Team Members: 5%
Pre-seed Investors & Advisors: 2.4%
This allocation ensures a balanced approach between community incentives, development, and investor returns.
Given the total supply and initial airdrops distribution, PSP may see moderate price movement upon listing. Here’s a potential scenario:
Initial Listing Price: $0.05–$0.08, influenced by early demand and liquidity.
Short-Term (1–3 months): Potential volatility, with spikes up to $0.10–$0.15 as users and traders engage with the protocol.
Long-Term (6–12 months+): With ongoing ecosystem growth, partnerships, and adoption, PSP could reach $0.20–$0.35, depending on market trends.