Parallel Finance
DeFi
Parallel Lending Protocol
Supporting both Kusama and Polkadot assets, Parallel enables token holders and projects to flexibly and borderlessly put their idle capital to earn interests.
Parallel Staking Protocol
Parallel to the Lending Protocol, the foundation introduces a cross-alliance staking derivative to build an interest stacking module for lenders and stakers DOTs - xDOTs
Related Project:
Heiko Finance
Heiko Finance
Tokens: PARA
Links:
Status
Announced
Testing
Parathread
Polkadot
January 19, 2024
November 21, 2025
~119 days remained
Auction 4: WINNER
Leasing: December 17, 2021 - October 24, 2023
Crowdloan ID:
2012-6
Funds Raised: 10 751 519 DOT ($44 941 348)
Leading Blocks:
100%
Project Auction Info:
crowdloan details
Reward:
1 DOT :
109+
PARA
Crowdloan Cap: 40 000 000 DOT
Reward Pool: 1.25b of 10b (12.5%)
- The tokens rewarded will be vested linearly across a two year time frame
- Up to 40% bonus when you contribute early to Parallel’s crowdloan (before Nov 10, 2021)
- 1,000 NFTs to 1,000 randomly selected contributors. These NFTs will have utility on Parallel’s platform
- 5% referral bonus
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XCM Channels (2)
Developer Activity
If you have a connection to this project, kindly Contact Us to keep the details current
Primary Token:
Price:
$0.0055
Total Supply:
10 000 000 000
Trading Vol 24:
$2 973
Inflation:
0%
PARA Distribution
News
Parallel enables token holders and projects to flexibly and borderlessly put their idle capital to earn interests.
Last Bid: 215 669 DOT
Slot Acquisition: self-funded crowdloan
Leading Blocks: 100%
Leasing Period: January 16, 2024 - November 20, 2025
