PANews reported on September 16th that, according to The Block , the cross-chain trading protocol Velora (formerly ParaSwap ) has officially launched its new token, VLR . Effective immediately, PSP will lose its governance, staking, and rewards functions. Starting September 16th , users can migrate PSP , sePSP1 , and sePSP2 to VLR at a 1:1 ratio, gas -free. The migration window will be open for at least one year, and those migrating before December 16th will receive additional VLR rewards. VLR utilizes a unified staking mechanism and a rewards mechanism tied to protocol revenue, marking a comprehensive upgrade of Velora's governance and brand. Velora's cumulative trading volume has exceeded $ 125 billion, with monthly trading volume reaching $ 7 billion in August .PANews reported on September 16th that, according to The Block , the cross-chain trading protocol Velora (formerly ParaSwap ) has officially launched its new token, VLR . Effective immediately, PSP will lose its governance, staking, and rewards functions. Starting September 16th , users can migrate PSP , sePSP1 , and sePSP2 to VLR at a 1:1 ratio, gas -free. The migration window will be open for at least one year, and those migrating before December 16th will receive additional VLR rewards. VLR utilizes a unified staking mechanism and a rewards mechanism tied to protocol revenue, marking a comprehensive upgrade of Velora's governance and brand. Velora's cumulative trading volume has exceeded $ 125 billion, with monthly trading volume reaching $ 7 billion in August .

Velora announces the deactivation of PSP tokens and the launch of VLR to take over governance

2025/09/16 19:52

PANews reported on September 16th that, according to The Block , the cross-chain trading protocol Velora (formerly ParaSwap ) has officially launched its new token, VLR . Effective immediately, PSP will lose its governance, staking, and rewards functions. Starting September 16th , users can migrate PSP , sePSP1 , and sePSP2 to VLR at a 1:1 ratio, gas -free. The migration window will be open for at least one year, and those migrating before December 16th will receive additional VLR rewards. VLR utilizes a unified staking mechanism and a rewards mechanism tied to protocol revenue, marking a comprehensive upgrade of Velora's governance and brand. Velora's cumulative trading volume has exceeded $ 125 billion, with monthly trading volume reaching $ 7 billion in August .

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Dr. Eric Esrailian’s Approach To Impact

Dr. Eric Esrailian’s Approach To Impact

The post Dr. Eric Esrailian’s Approach To Impact appeared on BitcoinEthereumNews.com. LOS ANGELES, CALIFORNIA – JULY 24: Dr. Eric Esrailian speaks onstage during the 2025 Social Impact Summit by The Hollywood Reporter and Social Impact Fund on July 24, 2025 at the DGA in Los Angeles, CA. (Photo by Monica Schipper/The Hollywood Reporter via Getty Images) The Hollywood Reporter via Getty Images Many leaders are advised to “stay in their lane.” Dr. Eric Esrailian has spent his career doing the opposite. A physician, Emmy-nominated film producer, philanthropist and social innovator, he has built coalitions across medicine, entertainment, government and philanthropy. His latest initiative, Together California, co-founded with actor Christian Bale, aims to reform foster care by keeping siblings together. It is a powerful example of how leaders can focus on leading systemic change. Medicine as a Foundation for Systemic Change Esrailian’s career may look eclectic to outside observers. To him, there’s always been consistent logic. “In my life, there’s a through line that I see all the time with any project I’m working on,” he explained. “All of these realms are some way to heal people. Medicine is naturally a way to help, but I began to see communities – and even the world – as the patient.” That perspective shaped his transition from physician to administrator at UCLA, where he now influences major initiatives in healthcare and innovation. He views his skills from medicine – diagnosing complex problems under pressure, leading teams in critical situations, and rapidly synthesizing information – as directly translatable to leading systemic change across industries. Storytelling as a Catalyst for Systemic Change HOLLYWOOD, CA – APRIL 12: (L-R) Producer Eric Esrailian, TV personalities Kourtney Kardashian, Kim Kardashian West, and singer Cher attend the premiere of Open Road Films’ “The Promise” at TCL Chinese Theatre on April 12, 2017 in Hollywood, California. (Photo by Frederick M. Brown/Getty…
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