Parallel Finance

GPTKB entity

Statements (48)
Predicate Object
gptkbp:instanceOf gptkb:cryptocurrency
gptkbp:auditedBy gptkb:SlowMist
gptkb:Trail_of_Bits
gptkbp:blockchain gptkb:Kusama
gptkb:Polkadot
gptkbp:category gptkb:cryptocurrency
gptkb:Web3
DeFi
gptkbp:discord https://discord.gg/parallelfi
https://t.me/parallel_finance
gptkbp:enables yield optimization
collateralized lending
cross-chain DeFi
governance participation
liquid crowdloan participation
gptkbp:focusesOn borrowing
lending
liquid staking
staking
crowdloans
gptkbp:foundedIn 2021
gptkbp:founder gptkb:Yubo_Ruan
gptkbp:github https://github.com/parallel-finance
gptkbp:headquarters gptkb:Singapore
https://www.w3.org/2000/01/rdf-schema#label Parallel Finance
gptkbp:integratesWith Kusama ecosystem
Polkadot ecosystem
gptkbp:launchDate 2022
gptkbp:listedOn gptkb:CoinGecko
gptkb:CoinMarketCap
gptkbp:nativeToken PARA
gptkbp:offers governance
liquidity mining
DeFi services
staking derivatives
gptkbp:parachainAuctionWinner gptkb:Kusama
gptkb:Polkadot
gptkbp:supportedBy gptkb:Founders_Fund
gptkb:Lightspeed_Venture_Partners
gptkb:Sequoia_Capital
gptkb:Polychain_Capital
gptkbp:tokenStandard gptkb:ERC-20
Substrate-based
gptkbp:totalValueLocked over $500 million (as of 2022)
gptkbp:twitter https://twitter.com/ParallelFi
gptkbp:website https://parallel.fi
gptkbp:bfsParent gptkb:Polkadot
gptkbp:bfsLayer 5