parallel-finance
Parallel FinancePARA
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Parallel Finance Staking

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What is Parallel Finance Staking?

A decentralized finance (DeFi) protocol that offers lending and staking services
Key Staking Facts
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Learn about Parallel Finance Staking

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.

Details of staking will be announced shortly. Staking PARA will launch is planned for Q2 2022.

Reward details of staking will be announced shortly. Staking PARA launch is planned for Q2 2022.

Once the staking mechanism is fully disclosed, risks of staking PARA will be covered here.

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