# ParaSwap Delegate Incentives Program (Cycle 1) - Application Thread **URL:** \ **Category:** Delegation\ **Created:** [March 3, 2025, 2:04pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066 "2025-03-03T14:04:28Z")\ **Posts on this page:** 1\ **Showing post:** 22
**Author:** ![SEEDGov](https://dub1.discourse-cdn.com/flex013/user_avatar/gov.velora.xyz/seedgov/32/765_2.png) [@SEEDGov](https://gov.velora.xyz/u/SEEDGov)\ **Post date:** [July 4, 2025, 8:01pm UTC](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066/22 "2025-07-04T20:01:46Z")
Hi @Argonaut According to [your snapshot profile](https://snapshot.box/#/s:paraswap-dao.eth/profile/0x21b3B193B71680E2fAfe40768C03a0Fd305EFa75), your current Voting Power is 2.5k PSP, which is below the 1M PSP minimum required to be eligible for the DIP. ![image](https://europe1.discourse-cdn.com/flex013/uploads/paraswap1/original/1X/b9f3104c2a4e70afdce18497e189c054a18bb0b4.png) As for the other requirements, you meet them all: your forum account is older than 3 months, you have posted your [delegation platform](https://gov.velora.xyz/t/argonaut-delegate-platform/2092/1), and [your participation rate](https://docs.google.com/spreadsheets/d/16bEJlBU8HtN8Qin1zgUxXydYk_NtZ4NghqOLYe_AC_A/edit?gid=2031838690#gid=2031838690) over the past 90 days is above 80% (14 votes of 14 proposals). We’re not sure why there’s a discrepancy, in case you do have over 1M PSP delegated. We suggest reviewing [this post](https://gov.velora.xyz/t/delegating-your-voting-power-a-quick-start-guide/2143), which might clarify the issue. It’s also possible that it’s a Snapshot syncing issue, so we will double-check in a few days. Until then, unfortunately, we won’t be able to proceed with your incorporation into the program, as there’s currently no evidence that the minimum Voting Power requirement is met. --- _[View the full topic](https://gov.velora.xyz/t/paraswap-delegate-incentives-program-cycle-1-application-thread/2066)._