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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

Trade up to 50x leverage directly from your wallet. Stake your stablecoins and earn, the best place to stake your USDC or FUSDT to earn. Tomb Chain is an eco-friendly protocol built on top of the fastest blockchain, which is Fantom. You can bring your stablecoins to Fantom through Felix Exchange, or using Multichain from other chains. This website makes the process of staking and earning on DeFi much easier than going in by yourself in the traditional manner. Confirm a transaction to approve the stablecoin to be used and then you can select the amount you want to deposit. Once you insert the amount you want to deposit to earn, deposit and confirm another transaction on your wallet. Your stables can then be deposited again on this website and you can compound your farming experience.

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

Any user looking for a solution to stake their tokens and earn yield

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

Tomb Chain
tomb.com

Alternatives

TrueFi

TrueFi

TrustToken

Alternatives

Apricot

Apricot

Apricot Lend
Yearn

Yearn

yearn.finance
Cream

Cream

C.R.E.A.M. Finance
Polygon

Polygon

Polygon Labs

Categories

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

Categories

Blockchain Supported
Layer 2 Protocols Supported

Integrations

MetaMask Supported
Avalanche Supported
CoinGecko Not Supported
DEX Screener Not Supported
Ethereum Supported
Fantom Not Supported
Kusama Supported
Phantom Supported
Polkadot Supported
Polygon Supported
Solana Supported
Telegram Supported
WalletConnect Not Supported
polkadot{.js} Supported

Integrations

MetaMask Supported
Avalanche Not Supported
CoinGecko Supported
DEX Screener Supported
Ethereum Not Supported
Fantom Supported
Kusama Not Supported
Phantom Not Supported
Polkadot Not Supported
Polygon Not Supported
Solana Not Supported
Telegram Not Supported
WalletConnect Supported
polkadot{.js} Not Supported
Claim Parallel and update features and information
Claim Parallel and update features and information
Claim Tomb Chain and update features and information
Claim Tomb Chain and update features and information