ParaSwap

ParaSwap has released Epoch 22 rewards for $PSP stakers: - 24.9 ETH distributed to 4,500 $PSP stakers - 623,000 sePSP1 refunded via Gas Refund Program ParaSwap Delta has reached a significant milestone: - Processed volume surpassed $220 million **Key Points:** - Rewards are now available for claiming - Claim rewards at https://app.paraswap.xyz/#/earn/ - ParaSwap anticipates continued growth Stakers are encouraged to claim their rewards and stay tuned for future developments as ParaSwap continues to expand its services and reach new milestones.

ParaSwap has integrated MakerDAO's Lite Peg Stability Module (PSM) in preparation for MakerDAO's Endgame launch. This integration allows ParaSwap users to benefit from reduced gas costs when swapping between DAI and USDC. The Lite PSM is an evolution of the original PSM, designed to improve efficiency and reduce costs. Key features include: - Self-custody functionality - Improved gas efficiency - Fee flexibility for authorized parties The migration to Lite PSM will occur in three phases, aiming to maintain DAI peg stability, minimize impact on existing integrations, and maximize stablecoin reserve rewards. Users can track LitePSM data in real-time using dedicated dashboards.

ParaSwap has introduced a new Activity Page that allows users to monitor their on-chain transactions across all networks supported by the platform. The page provides comprehensive tracking of swaps, tokens, gas refunds, and other related activities. This feature is now available for immediate use, offering users a centralized location to view and manage their ParaSwap-related activities.

Augustus V6.1, a decentralized finance (DeFi) platform, has processed over $5.53 million in transaction volume through more than 780 transactions within the first 32 hours of its launch. Users can track the performance of Augustus V6.1 using the dedicated analytics dashboard provided by the platform.

ParaSwap, a decentralized finance (DeFi) middleware and aggregator, has announced the release of Augustus V6.1, a significant upgrade to its platform. The new version has undergone rigorous security audits and formal verification by leading security firms, including Certora, Hexens, PeckShield, HackenClub, and AstraSecAI, confirming its adherence to the highest security standards. ParaSwap is also the first DEX aggregator to be formally verified by Certora. The upgrade introduces several security enhancements, such as a pausable feature for accelerated threat response, and a timelock for admin actions to prevent instant changes. Additionally, Augustus V6.1 delivers improved gas efficiency, integration scalability, and an enhanced trading experience by reducing trade reversals and increasing reliability. ParaSwap has also teased upcoming updates, including enhancements to the fee-claiming mechanism, handover of V6.1 contracts to the DAO, and bolstered MEV resistance with the help of Portikus.

ParaSwap has announced a new Featured Quest with Layer 3 to educate people about ParaSwap and offer a multichain DEX trading experience with real-yield staking in ETH. The announcement also hints at exciting surprises for 2024. Interested individuals can learn more about ParaSwap and trading in their help center and can stake and start earning gas refunds and boosted Real Yield on the staking page.

$PSP stakers can now claim Epoch 12 rewards, with over 3.9k PSP stakers receiving a distribution of +72.9 ETH. Additionally, +1.25M sePSP1 was refunded through the Gas Refund Program. This is a great end to 2023 for ParaSwap, with ATHs in PSP stakers after 2.0 and other impressive results. Are you ready for 2024?

Recent reports indicate that Ledger's ConnectKit library has been compromised, leading to the disabling of the Ledger connector on ParaSwap. As a safety precaution, it is recommended to avoid interacting with any dapp until further clarification is provided. Stay safe!

ParaSwap has launched the SIXDEGREE + RABBITHOLE QUEST, a thrilling journey divided into three phases where participants have the chance to win up to 650,000 $PSP in prizes. Phase 1 is exclusive to NFT holders, Phase 2 is open to everyone, and Phase 3 is an ultimate challenge for participants from the previous phases.

A new proposal, PIP-43, is ready for voting. The proposal aims to extend the ParaTroopers structure of paid contributors for 3 months and make improvements. The ParaTroopers, who were active participants in the DAO before the trial period, continued their support service to the community after the trial period and remuneration ended.