ParaSwap Airdrop

Updated December 10, 2024

About ParaSwap

ParaSwap is a game-changing platform that aggregates decentralized exchanges and other DeFi services, streamlining users’ interactions with Ethereum’s decentralized finance. By connecting to exchanges like Uniswap, Kyber, Curve, and the 0x network, ParaSwap ensures users get the best trading rates. It smartly splits orders across different platforms to optimize outcomes. Currently, ParaSwap (PSP) is priced at $0.0152, significantly down from its All-Time High of $1.51, with a circulating supply of 1.26 billion tokens out of a 2 billion maximum supply.

Why we choose ParaSwap?

We chose ParaSwap for its innovative approach in aggregating decentralized exchanges and optimizing DeFi interactions. With $5.7M in funding from top backers like Alameda Research, Andre Cronje, Arrington XRP Capital, Blockchain Capital, and CoinFund, ParaSwap ensures users get the best trading rates by smartly splitting orders across platforms. Its ability to provide seamless and efficient trading experiences makes it a standout in the DeFi ecosystem.

ParaSwap Airdrop Guide

Airdrop Eligibility

  • Interaction with ParaSwap: Users must have utilized the platform at least five times in the last six months.
  • Minimum Token Balance: Eligible users needed to maintain a minimum token balance of 0.028 ETH for Ethereum, 0.25 BNB for Binance Smart Chain, 20 Matic for Polygon, and 0.9 AVAX for Avalanche C-Chain.
  • Transaction and Holding Requirements: Users who have made more than 50 transactions or hold above a certain threshold of the network’s native tokens qualify.
  • Cluster Participation: Being part of a cluster (>5) of eligible addresses with a portfolio value over $200 protects against sybil attacks and enhances eligibility.

How to get ParaSwap Airdrop?

To secure your PSP tokens from the ParaSwap airdrop, follow the outlined steps:

1. Visit the ParaSwap website.

  • Begin by navigating to the ParaSwap official site to start the airdrop claim process.

2. Connect your Metamask wallet.

  • Ensure your Metamask wallet is connected and ready for transactions on the ParaSwap interface.

3. Change to the Ethereum network.

  • Adjust your wallet network settings to Ethereum to verify eligibility and claim PSP tokens.

4. Claim your tokens if eligible.

  • If you meet all the eligibility criteria, proceed to claim your PSP tokens directly on the platform.

The snapshot for this airdrop was taken on October 8th, 2021, ensuring only qualified early users benefit from this opportunity. Stay updated on similar prospects by keeping an eye on our potential retroactive airdrops list. More detailed insights and guidance can be found in the accompanying Medium article.

Take advantage of this extensive opportunity with ParaSwap and enhance your DeFi experience with their comprehensive platform functionalities!

ParaSwap Airdrop Claim

    Similar Airdrops

    Confirmed
    LI.FI
    Confirmed
    Jupiter
    Rumor
    UXUY
    Confirmed
    Perena