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We’re proud to announce that Parallel V3 is live, starting with USDp!
What’s new? A lot!
- A modular architecture for stablecoins issuance
- Depeg protection
- Native saving assets
- Crosschain by design
- and more.
Parallel
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Parallel
@ParallelMoney
- 📖 MIMO GOVERNANCE RUNDOWN - NOVEMBER ‘22 📖 ✅ New collaterals on #Ethereum & #Polygon ✍️ DAO Multisig election 2 🫧 @MidasCapitalxyz educational series …& more. Find the recap of the month here 👇 mirror.xyz/blog.mimo.eth/…
- Partnering with @fraxfinance: • Joint pool on @CurveFinance → @SonicLabs • Expansion to Fraxtal for faster, cheaper yields Pool launch & deployment details soon!
- Gm frens, you have USDC and want to earn 84% APR? 1⃣ Swap USDC for wUSK (US T-Bills, 4.29% APR) app.balancer.fi/#/ethereum/swap 2⃣ Deposit wUSK as collateral on Parallel & Borrow paUSD (-1.5% p.y) pausd.mimo.capital 3⃣ Deposit paUSD in the wUSK/paUSD/USDC pool
- ✅ With over 4.5M votes from $vMIMO holders, MIR-15.1 was approved at 100%. The Mimo DAO will add $SUSHI as collateral on Mimo on Ethereum. Result: snapshot.org/#/mimo.eth/pro…
- These impressive yields have been available for over 2 months now!🔥 Put your stablecoins to work with one of the best yields around 👀
Have you noticed the fantastic yields on PAR and paUSD on Aura? 5 pools are earning between 27%-38% APR. Both PAR and paUSD are overcollateralized stablecoins by @ParallelMoney. PAR is a Euro stablecoin and paUSD is sort of obvious. Parallel Protocol is governed by vMIMO, - $RAI & $LUSD are now live on app.mimo.capital ! Both stablecoins from @reflexerfinance & @LiquityProtocol can now be used as collateral on Ethereum to mint $PAR, the most decentralized euro-stablecoin 👇
- Our sUSDp pool is now live on @spectra_finance HyperEVM! • More yield & utility for USDp / sUSDp • Fixed yield & yield leverage • PT Looping via @Hypurrfi coming soon Pool link below ↓
- Partnering with @HypurrFi 🐾 on HyperEVM! • Liquidity with hyUSDe • hyUSDT0 coming soon as well Because when it comes to yield… We like to keep it purring. 😺 Links to pools dropping real soon!
- 🟣 MIR-47┃Add weETH as paUSD collateral on Ethereum This proposal aims to add $weETH as $paUSD collateral on Ethereum. Join the discussion: 🔗 gov.mimo.capital/t/mir-47-add-w…
- 🔥 Earn one of the best EURO stablecoin yield on @AuraFinance Enjoy 17% APR, rewarded in $BAL & $AURA. 🔗Join the PAR/jEUR liquidity pool now: app.aura.finance/#/137/pool/6
