$VLR is live, and it changes how everything works. 

On September 16, 2025 Velora launched its new token, $VLR, as part of a protocol-wide upgrade that redefines how staking, governance, and rewards work.

This is the final step in Velora’s transition to a complete crosschain DeFi trading protocol built on intents architecture. It also marks the start of a new era: One that consolidates staking and governance, introduces rewards based on real protocol revenue, and is built for long-term growth.

What $VLR Unlocks

Velora’s protocol is designed for a crosschain, performance-driven future. That shift demands a token architecture that’s simpler, smarter, and futureproof.

Here’s what you get with the new token:

♻️ One token for everything: Stake, vote, and earn, all with $VLR. 

⚡ Gasless staking migration: Move your tokens and start earning in one click. No gas fees, no stress, fully live on Ethereum Mainnet, Optimism, and now on Base.

💰 Real yield: Earn real rewards from protocol revenue with a utility-driven incentive system. 

🗳 Mature governance: Have a voice in the protocol or delegate to someone aligned, governance is community-ran and transparent.

🎁 Extra bonus for early migration: Migrate your sePSP2 boosted positions early to receive additional VLR rewards . No vesting, just more $VLR in your wallet.

Who Needs to Migrate:

⚠️ If you hold PSP, sePSP1, or sePSP2, this migration affects you.

• You’ll need to migrate in order to stake, vote, or earn rewards.

• Post-migration, PSP will no longer be supported by Velora. It will remain tradable as an ERC-20, but it won’t participate in protocol incentives or governance.

• The one-click migration tool supports all token formats and will automatically guide you through conversion and restaking.

How It Works

The migration tool built by Laita Labs goes live on September 16 at http://app.velora.xyz/#/migrate

Here’s what to expect:

• 1:1 swap from PSP, sePSP1 to $VLR

• Incentivised, one-click upgrade from sePSP2 to seVLR

• Migration incentives will remain live until December 16, 2025

• Instant staking and governance access on Base, Optimism, and Mainnet

• Full support for early and late participants, but only early migrators get the bonus rewards

If you migrate after December 16 2025, the bonus ends for migrators. The one-click tool will remain available, but early rewards won’t.

What’s Next for Velora

Velora’s token migration sets the foundation for what comes next. Post-migration, the DAO will prioritize:

• Full Base integration through the Superchain

• CEX listings and deepened liquidity

• A new staking model with enhanced reward mechanics

• Ecosystem expansion powered by intent-based execution

These upgrades make Velora leaner, faster, and more rewarding to use, whether you’re a DeFi trader, staker, or builder.

Migrate Now

It’s one click. No gas. Real rewards.

Migrate to $VLR now at http://app.velora.xyz/#/migrate to unlock rewards and governance. 

Need more help?

Read the complete FAQ article