Contribute to network security & earn rewards.
Parallel Finance Staking
Parallel Finance (PARA) staking data is not available on Staking Rewards. You can still convert token prices, estimate your rewards and explore reward options for similar proof-of-stake assets.Learn more about Parallel Finance Staking
Convert PARA to
Parallel Finance Staking Rewards Calculator
*The industry average reward rate is %
Earn up to on assets with a similar Market Cap
Earn up to on Assets with a similar Daily Volume
Earn up to with the most popular staking assets.
Learn about Parallel Finance Staking
What is Parallel Finance?
Parallel introduces a decentralized lending protocol with a floating interest rate determined by the underlying assets’ supply and demand. The staking protocol also provides liquidity to bonding assets in the Polkadot ecosystem. Parallel balances the competition between staking and DeFi rewards to solve the usability issue for the representation token (xDOT). Finally, we hope to achieve more incredible benefits for users through double interest.
How to stake Parallel Finance?
Details of staking will be announced shortly. Staking PARA will launch is planned for Q2 2022.
How much can I earn staking Parallel Finance?
Reward details of staking will be announced shortly. Staking PARA launch is planned for Q2 2022.
Any risks to staking Parallel Finance?
Once the staking mechanism is fully disclosed, risks of staking PARA will be covered here.