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Parallel ProtocolHow to Migrate to PRL?
The Parallel DAO has officially upgraded its governance layer: MIMO is now replaced by PRL, a new token that brings enhanced security, clearer branding, and native multichain functionality. This guide will help you migrate your tokens in a few simple steps — whether you’re on Ethereum, Polygon, or Fantom. The process is direct, permissionless, and powered by LayerZero’s secure cross-chain infrastructure.🧭 Why Should You Migrate?✅ MIMO has been officially replaced by PRL following DAO vote (P...
Parallel ProtocolParallel Protocol Enters a New Era
Introducing PRL, Tokenomics v2.0 & a Fresh Identity
Parallel ProtocolHow to Stake PRL?
Parallel’s new staking system introduces two ways to stake your PRL:sPRL1 (single-sided staking)sPRL2 (LP staking)Both mechanisms grant you governance rights and a share of protocol revenues, but with different levels of commitment, returns, and influence. This guide explains how to stake, how unstaking works, and how rewards are distributed under Tokenomics v2.0 (PIP-46).🧭 Why Stake PRL?By staking PRL, you:🗳 Gain voting power for protocol governance (Snapshot)📊 Accumulate a ParaBoost scor...
Parallel ProtocolHow to Migrate to PRL?
The Parallel DAO has officially upgraded its governance layer: MIMO is now replaced by PRL, a new token that brings enhanced security, clearer branding, and native multichain functionality. This guide will help you migrate your tokens in a few simple steps — whether you’re on Ethereum, Polygon, or Fantom. The process is direct, permissionless, and powered by LayerZero’s secure cross-chain infrastructure.🧭 Why Should You Migrate?✅ MIMO has been officially replaced by PRL following DAO vote (P...
Parallel ProtocolParallel Protocol Enters a New Era
Introducing PRL, Tokenomics v2.0 & a Fresh Identity
Parallel ProtocolHow to Stake PRL?
Parallel’s new staking system introduces two ways to stake your PRL:sPRL1 (single-sided staking)sPRL2 (LP staking)Both mechanisms grant you governance rights and a share of protocol revenues, but with different levels of commitment, returns, and influence. This guide explains how to stake, how unstaking works, and how rewards are distributed under Tokenomics v2.0 (PIP-46).🧭 Why Stake PRL?By staking PRL, you:🗳 Gain voting power for protocol governance (Snapshot)📊 Accumulate a ParaBoost scor...
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Parallel ProtocolExpanding Liquidity Across Chains with KyberSwap
Support Parallel Protocol
Parallel ProtocolExpanding Liquidity Across Chains with KyberSwap
We’re excited to announce a three-layer integration between Parallel and KyberSwap, enhancing liquidity access and interoperability for users across the Parallel ecosystem.
KyberSwap has integrated Parallel’s smart contracts, including both the Parallelizer Module (USDp mint/burn) and the Savings Module (USDp stake/unstake), into its infrastructure.
This integration enables seamless interaction with Parallel’s stablecoins directly within the KyberSwap ecosystem.
Developers can refer to our documentation for more details:
Parallel has integrated KyberSwap’s DEX aggregation library directly into its dApp frontend, allowing users to access KyberSwap’s optimized swap routing directly from the mint page.
This integration ensures efficient, low-slippage conversions when minting or managing USDp positions.
Reference materials:
KyberSwap has officially whitelisted Parallel ecosystem tokens (USDp, sUSDp, and PRL) enabling direct trading and liquidity access across KyberSwap’s supported networks.
KyberSwap is a decentralized trading solution that helps users find the best token swap rates by routing trades through multiple DEXs and other liquidity sources across multiple chains.
X: https://x.com/KyberNetwork
Website: https://kyberswap.com/
Parallel is a Capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield generating correlated assets.
We’re excited to announce a three-layer integration between Parallel and KyberSwap, enhancing liquidity access and interoperability for users across the Parallel ecosystem.
KyberSwap has integrated Parallel’s smart contracts, including both the Parallelizer Module (USDp mint/burn) and the Savings Module (USDp stake/unstake), into its infrastructure.
This integration enables seamless interaction with Parallel’s stablecoins directly within the KyberSwap ecosystem.
Developers can refer to our documentation for more details:
Parallel has integrated KyberSwap’s DEX aggregation library directly into its dApp frontend, allowing users to access KyberSwap’s optimized swap routing directly from the mint page.
This integration ensures efficient, low-slippage conversions when minting or managing USDp positions.
Reference materials:
KyberSwap has officially whitelisted Parallel ecosystem tokens (USDp, sUSDp, and PRL) enabling direct trading and liquidity access across KyberSwap’s supported networks.
KyberSwap is a decentralized trading solution that helps users find the best token swap rates by routing trades through multiple DEXs and other liquidity sources across multiple chains.
X: https://x.com/KyberNetwork
Website: https://kyberswap.com/
Parallel is a Capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield generating correlated assets.
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