The first 20 thousand users of the trading platform received PSP Token for an average of $ 13.5 thousand.
The decentralized exchange ParaSwap has issued its own PSP token and distributed 7.5% of its emission among the 20 thousand first users of the trading platform. The total supply of altcoins is 2 billion, according to The Block .
The first users of the site received coins worth about $ 270 million (an average of $ 13.5 thousand for each).
PSP is currently listed on ParaSwap for about $ 1.8. Token holders will be able to take part in voting on project development issues.
51% of PSP token will remain in the ParaSwap ecosystem. 10% of digital coins will be placed in the reserve, 14% of PSP will be received by early investors, another 2.4% will be received by preliminary investors and consultants.
The core team of ParaSwap creators will receive 17.6% of the tokens. 5% PSP will be available to future members of the trading platform team.
The ParaSwap exchange was launched in September 2019. On November 15, the daily trading volume on the site is $ 92.7 million, according to Dune Analytics.