Parallel Wiki
Building on Polkadot and Kusama networks

Introduction

Parallel Finance is a DeFi super DApp protocol with the mission to bringing decentralized finance to 1 billion people. The vision of Parallel Finance is to bring the multi-chain future closer. Our goal is to explore new markets and reach 3 million users in the next 2-3 years, with innovative and inclusive product offerings. Parallel was originally built on Polkadot and Kusama networks, with plans to expanding our product offering on other chains. We are committed to building a decentralized future that empowers the community, by increasing DeFi accessibility, capital efficiency, and security.
Parallel Finance launched 7 DeFi products with more features planned in the pipeline. The products offered by our DeFi super DApp protocol include: Liquid staking, AMM, decentralized money market, liquid crowdloan, stream protocol (DAO tooling), wallet, and yield farming functions. Parallel Finance runs a composable ecosystem that allow users to stay liquid with derivative tokens that are equivalent to the relaychain asset - DOT and KSM at an approximate 1:1 ratio, compound their yield across the different products and increase users’ capital efficiency.
Last modified 3mo ago
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