Other Protocol Position Mover

Parallel allows users to easily migrate their existing active positions from other protocols directly onto its platform using the Parallel dApp. This means that users can transfer their NFTs and debt without the need for manual intervention. The process is automated, with the Parallel contract handling the repayment of debts on the other protocol and transferring the NFTs and debt to Parallel seamlessly. This feature simplifies the migration process and makes it more convenient for users to switch to Parallel.

1. Click the Supply button of the collection you wish migrate to Parallel. Click "Other Protocol" to begin the process

   
2. Select the NFTs to be moved to Parallel. You will see your new HF and other relevant information.

   
3. Click Supply NFT and approve the transactions in your wallet

4. Success! You have migrated your position from other protocol to Parallel