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
Relative Project:
Heiko Finance
Heiko Finance
Tokens: PARA
W3F Grants:
Links:
Status
Announced
Testing
Auction
Polkadot
Auction 4: WINNER
Slot #5: leasing
December 17, 2021 - October 23, 2023
Project Auction Info:
auction details
Reward:
1 DOT :
93+
PARA
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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Partners (6)
Developer Activity
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Primary Token:
PARA
Total Supply:
10 000 000 000
Crowdloan Reward Pool:
1 250 000 000 (12.5% of Total Supply)
PARA Distribution
News