Following a ParaSwap DAO governance vote to ensure the Gas Refund Program's long-term sustainability, users now receive the basic staked version of PSP, sePSP1, as refunds for their transactions on ParaSwap.

Besides removing re-staking costs, refunded sePSP1 gets automatically added to the user's existing stake, even if it has not been claimed, qualifying for staking rewards, as well as higher potential gas refunds and stake boosting from actions such as trading.

To read more about the staking system, sePSP1, and sePSP2, please refer to our section in the help center about Social Escrow - PSP.