Parallel Finance

0 Staking Interest
Project Details

Ticker:

PARA


Category:

DeFi


Description:

Parallel finance is a Decentralized Money Market Protocol that offers lending, staking, and borrowing, built on the Polkadot ecosystem. Depositors can lend and stake simultaneously to earn "double interests", and borrowers can collateralize to borrow.


Profile Completion:
(% of auctions metrics completed)

13 %


Auction Token Metrics

PCL Token Allocation:
(% of total supply allocated for crowdloan)

To be determined


Circulating Supply:
(at time of parachain launch)

To be determined


Total Supply:

To be determined


Listed Price:

To be determined


Auction Reward:
(No. of tokens allocated for parachain crowdloan)

To be determined


Reward Vesting Schedule:
(months)

To be determined


Initial Reward Release:
(at time of parachain launch)

To be determined


Initial Reward/ Circ.Supply:
(initial reward release as % of circulating supply)

To be determined


Leasing Period:
(months)

24


PCL Reward Details:

To be determined


Token Distribution

Token Distribution:

To be determined


Private Sale Blended Price:

To be determined


Private Sale Detail:

Seed price: $0.03
Seed raise: $1,500,000 USD
Seed valuation: $30,000,000 USD
Tokens sold: 50,000,000 PARA (5%)


Sub-Ecosystem

Ecosystem Partnerships:

To be determined


Ecosystem Partnerships Detail:

To be determined


Landscape

Comparable Projects:

To be determined