Parallel Finance

GPTKB entity

Statements (20)
Predicate Object
gptkbp:instance_of gptkb:XMPP_Extension_Protocol
gptkbp:bfsLayer 4
gptkbp:bfsParent gptkb:Parity_Technologies
gptkb:Polkadot
gptkbp:aims_to provide financial services
enhance capital efficiency
gptkbp:based_on gptkb:software_framework
gptkbp:competes_with gptkb:chemical_compound
gptkb:Aave
gptkbp:developed_by Parallel Finance Team
gptkbp:enables yield farming
gptkbp:focuses_on decentralized finance
gptkbp:governed_by community voting
gptkbp:has_part Parallel Token (PARA)
https://www.w3.org/2000/01/rdf-schema#label Parallel Finance
gptkbp:launched gptkb:2021
gptkbp:offers liquidity staking
gptkbp:provides cross-chain lending
gptkbp:supports multiple assets
gptkbp:utilizes Polkadot ecosystem