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About

Parallel's mission is to innovate and bring DeFi to the next level. We are creating the most secure and easy-to-use decentralized platform to empower everyone access to financial services. Simply supply the assets, we optimize the best yield for you and you don't have to do all the complicated DeFi stuff, in a secure and decentralized way. Our platform introduces a new financial primitive for staked DOT, which allows users to accrue interest from staking while still having a liquid asset not subject to lockups or lengthy unlock periods. This staked DOT financial primitive will be referred to as xDOT. Lenders will be able to earn interest income on their xDOT, and borrowers will be able to get loans against their DOT denominated in stable coins without selling their DOT. The Parallel lending protocol uses a pool-based strategy that aggregates each user's supplied assets. This lending protocol will have a DOT, sDOT, and USDT pool where users can deposit their assets and earn interest.

About

Crypto volatility keeps you from having a good night's sleep. Hedge crypto and protect your portfolio with Pods. Unlock a new level of safety for your assets. Pods enables the easiest way to hedge crypto assets in Ethereum. The Pods Protocol is a decentralized non-custodial Options Protocol that allows users to buy, sell and provide liquidity using the new Options AMM. Check below the step-by-step of a put option buyer. Pods' design leverages DeFi's composability and makes it easy for other projects to integrate with the Pods Protocol. Tailor made to DeFi options, it unlocks a different experience of earning while using the liquidity provision feature in an options pool. Sell, buy, provide liquidity for both puts and calls. It will result in many different ways to interact with the protocol. Find the one that suits you best.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Professionals and anyone searching for a solution to manage their digital assets and blockchains

Audience

Decentralized non-custodial options protocol that allows individuals to create calls and/or puts and trade them in the options AMM

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Not Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Not Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Training

Documentation Supported
Webinars Not Supported
Live Online Not Supported
In Person Not Supported

Company Information

Parallel
Founded: 2021
parallel.fi/

Company Information

Pods
Brazil
www.pods.finance/

Alternatives

TrueFi

TrueFi

TrustToken

Alternatives

Yearn

Yearn

yearn.finance
Cream

Cream

C.R.E.A.M. Finance

Categories

Crypto Staking Supported
DApps Supported
DeFi Projects Supported
DeFi Tools Supported
Yield Farms Supported

Categories

DApps Supported
DeFi Projects Supported

Integrations

Ethereum Supported
MetaMask Supported
Avalanche Supported
Kusama Supported
Phantom Supported
Polkadot Supported
Polygon Supported
Solana Supported
Telegram Supported
polkadot{.js} Supported

Integrations

Ethereum Supported
MetaMask Supported
Avalanche Not Supported
Kusama Not Supported
Phantom Not Supported
Polkadot Not Supported
Polygon Not Supported
Solana Not Supported
Telegram Not Supported
polkadot{.js} Not Supported
Claim Parallel and update features and information
Claim Parallel and update features and information
Claim Pods and update features and information
Claim Pods and update features and information