Parallel Finance Native Token PARA is Now Live on Moonbeam

Katherine Jun 21 · 3 min read Boston, MA — June 21, 2022 — Moonbeam, the top destination for multi-chain applications on Polkadot, has announced an integration with Parallel Finance and the availability of its native token, PARA, on Moonbeam. Once deposited on Moonbeam as xcPARA, the token can be used across Moonbeam’s active DeFi … Read more

Equilibrium & Parallel Special Crowdloan Event

Equilibrium Mar 4 · 2 min read We’re excited to announce that Equilibrium has teamed up with Parallel Finance, a decentralized money market protocol that offers lending, staking, and borrowing in the Polkadot ecosystem. We’re offering a substantial bonus for all Parallel’s community members who want to support Equilibrium during the crowdloan. Staking RewardsUsers who … Read more

Parallel Finance wins fourth round of Polkadot parachain slot auctions

While you might be used to the adrenaline rush of a real life auction – or one in a movie – crypto auctions come with their own share of drama. Polkadot’s ongoing parachain slot auction is one example of this. Parallel goes straight up Parallel Finance announced that it had won the fourth parachain slot … Read more