PSP serves as the governance token for ParaSwap, designed to facilitate a decentralized exchange aggregator. Its primary goal is to enhance market efficiency while providing users with a decentralized trading experience. By leveraging the power of decentralized finance, ParaSwap aims to optimize trading strategies and liquidity access for users. The governance aspect of PSP allows token holders to participate in decision-making processes, influencing the platform's future developments and features. Investors and users can benefit from the streamlined trading capabilities that ParaSwap offers, ensuring they can navigate the DeFi landscape effectively. As a token within this ecosystem, PSP plays a crucial role in shaping a more efficient and user-friendly exchange environment.