Polkadot & Kusama ecosystem projects directory
Polkadot & Kusama ecosystem projects directory

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  
Status
Announced
 Testing
Parathread on Polkadot
Parathread
In Auction on Polkadot
Auction
polkadot
Polkadot
January 16, 2024
November 21, 2025
~578 days remained
Auction 4: WINNER
Leasing: December 17, 2021 - October 24, 2023
Crowdloan ID: 2012-6 
Funds Raised: 10 751 519 DOT ($79 131 177)
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
Show more auctions  
Auction 54: WINNER
Leasing: January 16, 2024 - November 21, 2025
Crowdloan ID: 3350-78 
Funds Raised: 215 669 DOT ($1 587 321)
Leading Blocks:  100%
Project Auction Info:  crowdloan details 
Reward: 1 DOT : 600+ PARA
Crowdloan Cap: 500 000 DOT
  • The rewards will be distributed linearly during the lease period
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
Nov 12, 2023 at 03:49 UTC
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

Parallel Finance has won Polkadot Auction #54
Sep 26, 2023 at 04:41 UTC
Jun 28, 2022 at 06:19 UTC
Jun 2, 2022 at 15:51 UTC
May 10, 2022 at 19:39 UTC
Apr 21, 2022 at 13:25 UTC
Apr 15, 2022 at 21:46 UTC
Apr 4, 2022 at 18:17 UTC
Apr 4, 2022 at 18:13 UTC
Apr 1, 2022 at 18:17 UTC
Apr 1, 2022 at 18:14 UTC
Mar 31, 2022 at 22:39 UTC
Mar 31, 2022 at 22:35 UTC
Mar 31, 2022 at 22:35 UTC
Mar 31, 2022 at 21:41 UTC
Mar 31, 2022 at 21:40 UTC
Mar 29, 2022 at 20:05 UTC
Mar 3, 2022 at 19:29 UTC
Jan 31, 2022 at 15:39 UTC
Jan 27, 2022 at 00:20 UTC
Nov 11, 2021 at 12:07 UTC