Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Ratings and Reviews 0 Ratings

Total
ease
features
design
support

This software has no reviews. Be the first to write a review.

Write a Review

Alternatives to Consider

  • Zengo Wallet Reviews & Ratings
    413 Ratings
    Company Website
  • Nexo Reviews & Ratings
    15,878 Ratings
    Company Website
  • YouHodler Reviews & Ratings
    27 Ratings
  • Blockdaemon Reviews & Ratings
    2 Ratings
    Company Website
  • Kryptos Reviews & Ratings
    23 Ratings
    Company Website
  • LoanPro Reviews & Ratings
    110 Ratings
    Company Website
  • CREDITONLINE Reviews & Ratings
    16 Ratings
    Company Website
  • 1 Rating
    Company Website
  • CoinStats Reviews & Ratings
    101,022 Ratings
    Company Website
  • Plaid Reviews & Ratings
    107 Ratings
    Company Website

What is Parallel?

Parallel seeks to transform the landscape of decentralized finance (DeFi) by developing a secure and intuitive platform that ensures vital financial services are available to all individuals. Users can simply supply their assets to enjoy optimized yields without grappling with the usual complexities of DeFi, all while operating in a secure and decentralized framework. Our groundbreaking solution presents a distinctive financial tool for staked DOT, allowing participants to earn interest through staking without losing liquidity, thus sidestepping lengthy lockups and unlocking delays; this innovative tool is referred to as xDOT. With the introduction of xDOT, lenders can accumulate interest income, whereas borrowers can use their DOT to access loans in stablecoins, which means they do not have to liquidate their DOT holdings. The Parallel lending protocol adopts a pool-based model to gather assets contributed by users, establishing a DOT, sDOT, and USDT pool where participants can deposit their assets and receive competitive interest rates. This all-encompassing lending solution not only boosts liquidity but also promotes wider participation in the DeFi space. At its core, Parallel is dedicated to making financial services more accessible and efficient for everyone involved, paving the way for a more inclusive financial future. Through these innovations, Parallel aims to empower individuals in managing their financial resources with ease and confidence.

What is Badger?

Badger operates as a decentralized autonomous organization (DAO) dedicated to crafting products and infrastructure that support the incorporation of Bitcoin into the decentralized finance (DeFi) ecosystem. The main goal is to develop essential tools and frameworks that allow Bitcoin to serve as collateral on various blockchain networks. As an ecosystem DAO, Badger seeks to encourage collaboration among a wide array of projects and individuals in the DeFi space to meet the collective demands of the community. By fostering shared ownership within the DAO, it aligns the motivations of developers while employing decentralized governance to ensure fairness for every participant. Rather than promoting competition, Badger underscores the significance of teamwork and cooperation from its inception. Operational decisions regarding the DAO, including product development and deployment, are made through a structured voting process. Furthermore, the equitable distribution of $BADGER tokens is vital, as it enables all participants to contribute and benefit from the ecosystem's success. This collaborative framework not only empowers the community but also fuels creativity and advancements within the DeFi industry, paving the way for a more integrated financial future. Ultimately, Badger's commitment to inclusivity and innovation sets it apart in a rapidly evolving space.

Media

Media

Integrations Supported

MetaMask
Authereum
Avalanche
Cactus Custody
Dapper
Ethereum
Exponential DeFi
Kusama
Lattice1
Ledger
Phantom
Polkadot
Polygon (Matic)
Telegram
Torus
Trezor
WalletConnect
WalletLink
polkadot{.js}

Integrations Supported

MetaMask
Authereum
Avalanche
Cactus Custody
Dapper
Ethereum
Exponential DeFi
Kusama
Lattice1
Ledger
Phantom
Polkadot
Polygon (Matic)
Telegram
Torus
Trezor
WalletConnect
WalletLink
polkadot{.js}

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

Parallel

Date Founded

2021

Company Website

parallel.fi/

Company Facts

Organization Name

Badger Finance

Date Founded

2020

Company Website

badger.finance/

Popular Alternatives

Popular Alternatives

YAM Finance Reviews & Ratings

YAM Finance

Yam DAO
Cream Reviews & Ratings

Cream

C.R.E.A.M. Finance
Yearn Reviews & Ratings

Yearn

yearn.finance