Parallel vs. TheForce.Trade Comparison


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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 Vote to decide which DeFi projects/pools to be listed, how we distribute community rewards, which NFT collections to be listed, and much more. Open applications to new projects on our launchpad means our users will always have the opportunity to participate in early-stage projects. We are the Only platform to offer zero-fee auto-compounding yield farming. There is no need to lock FOC to avail of all our tools and services. To simply put it, our community needs it and the market clearly needs it too. DYOR (Do Your Own Research) was seen as a golden principle in the world of cryptocurrencies for years.
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 Lending solution for individuals
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 View more images or videos	Screenshots and Videos View more images or 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 TheForce.Trade www.theforce.trade/
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Categories Crypto Lending (DeFi) Crypto Staking DApps DeFi Projects DeFi Tools Yield Farms	Categories Crypto IDO/ICO Launchpads Crypto Lending (DeFi) DApps DeFi Projects NFT Yield Farms

Integrations Avalanche Ethereum Kusama MetaMask Phantom Polkadot Polygon Solana Telegram polkadot{.js} View All 10 Integrations	Integrations Avalanche Ethereum Kusama MetaMask Phantom Polkadot Polygon Solana Telegram polkadot{.js}
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