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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 Foundry?

Foundry provides digital asset staking services across more than 20 different protocols and is actively broadening its service portfolio. Our advanced staking infrastructure, paired with strong supporting protocols, showcases our commitment to promoting decentralization and improving the accessibility of proof-of-stake networks. We offer tailored, high-level support and advisory services with a strong global presence that is particularly focused in North America. The expertise of our technical team is unmatched in the industry, providing exceptional knowledge in staking and a variety of protocols. Being a subsidiary of Digital Currency Group allows us to empower our clients through our extensive ecosystem. We offer valuable business intelligence, detailed staking rewards analytics, educational materials, and additional resources. By engaging in self-staking of our assets, we illustrate our dedication to aligning with your interests and objectives. Our top-notch infrastructure guarantees industry-leading security for all protocols we support. As pioneers in digital asset staking consultancy, Foundry is fully equipped to help you navigate the nuances of various protocols, ultimately enhancing your cryptocurrency investment strategies. With our all-encompassing support, you can engage with the rapidly changing digital asset landscape with confidence, ensuring you stay ahead in this dynamic environment.

Media

Media

Integrations Supported

Ethereum
Solana
Avalanche
Avalanche Bridge
Cardano
Fantom
Flow
Hedera Hashgraph
Helium
MetaMask
Neon EVM
OpenZeppelin
Phantom
Polkadot
Polygon (Matic)
Provenance
RAVEL Orchestrate
Solidity Fuzzing Boilerplate
Telegram
polkadot{.js}

Integrations Supported

Ethereum
Solana
Avalanche
Avalanche Bridge
Cardano
Fantom
Flow
Hedera Hashgraph
Helium
MetaMask
Neon EVM
OpenZeppelin
Phantom
Polkadot
Polygon (Matic)
Provenance
RAVEL Orchestrate
Solidity Fuzzing Boilerplate
Telegram
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

Foundry

Company Website

foundrydigital.com/staking-services/

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