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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

A first for ETH2! A token that represents a staking deposit + rewards it gains over time in the Rocket Pool network. Can be used just about anywhere. All contracts in Rocket Pool are open source and have been built using a design methodology that allows them to be easily & seamlessly upgraded. With our custom node software, any user/business/group can run a node in our network, stake their own ETH for free and generate a higher PoS return. Any losses that occur from bad nodes for stakers who deposit ETH are socialized across the whole network to minimize impacts on any single user. Network redundancy and decentralization are key pillars of the Rocket Pool network. Any potential issues and their effects are minimized using this technique. Rocket Pool was originally designed in late 2016 using the Mauve Paper which was released by Vitalik. We've been in the space now longer than most, and it shows.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

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

Audience

Crypto users and traders in need of a decentralized protocol solution to stake cryptocurrency assets

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

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
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Parallel
Founded: 2021
parallel.fi/

Company Information

Rocket Pool
Founded: 2017
United Kingdom
rocketpool.net

Alternatives

Alternatives

TrueFi

TrueFi

TrustToken
Yearn

Yearn

yearn.finance
Cream

Cream

C.R.E.A.M. Finance

Categories

Categories

Integrations

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

Integrations

Ethereum
Avalanche
Kusama
MetaMask
Phantom
Polkadot
Polygon
Solana
Telegram
polkadot{.js}
Claim Parallel and update features and information
Claim Parallel and update features and information
Claim Rocket Pool and update features and information
Claim Rocket Pool and update features and information