ParaSwap has announced significant changes, including rebranding to Velora and launching the Delta v2.5 update. These changes aim to enhance the trading experience for DeFi users.
Rebranding: ParaSwap's Evolution to Velora
The rebranding from ParaSwap to Velora represents a strategic step in the platform's development. This transition symbolizes the expansion of the company's vision and capabilities, aiming to simplify the DeFi experience and increase accessibility.
Delta v2.5 Update: A Trading Revolution
The Delta v2.5 update introduces an intent-based trading system. This allows users to simply specify their trading goals while Velora's system handles optimization and execution of trades. Key benefits include simplification of the trading process, optimized execution, and reduced complexity for new DeFi users.
Security and Cross-Chain Opportunities with Velora
The Delta v2.5 update also incorporates MEV protection mechanisms, ensuring a more secure trading environment. Velora increases support for cross-chain trading, allowing users to easily transact across various blockchains.
The rebranding of ParaSwap to Velora and the launch of Delta v2.5 highlight the company's commitment to making DeFi more accessible and secure. These new features and improvements indicate a confident step forward in the development of decentralized trading platforms.
