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...
Subscribe to Parallel Protocol
<100 subscribers
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...
Subscribe to Parallel Protocol
<100 subscribers
Support Parallel Protocol
Parallel ProtocolExpanding Liquidity and Integration Depth with OpenOcean
Support Parallel Protocol
Parallel ProtocolExpanding Liquidity and Integration Depth with OpenOcean
We’re thrilled to announce a three-layer integration between Parallel and OpenOcean, strengthening both ecosystem connectivity and user experience across the Parallel dApp.
OpenOcean has integrated Parallel’s smart contracts directly into its aggregator infrastructure — including both the Parallelizer Module for USDp mint/burn operations and the Savings Module for USDp stake/unstake functionality.
This allows OpenOcean users to interact seamlessly with Parallel’s core mechanisms.
Developers can learn more in our integration guides:
Conversely, Parallel has integrated the OpenOcean Swap API directly into its dApp frontend, enabling frictionless on-chain swaps from the mint page.
This provides users with optimized routing and liquidity aggregation through OpenOcean’s infrastructure.
API reference: OpenOcean Swap API v4
OpenOcean has officially whitelisted Parallel ecosystem tokens — USDp, sUSDp, and PRL — making them available across its trading interface and partner network.
Together, these integrations reinforce Parallel’s commitment to interoperability and efficient liquidity flow across the multichain landscape.
OpenOcean is a leading DEX aggregator with the widest blockchain coverage, connecting 40+ chains and 1000+ liquidity sources. OpenOcean is building a one-stop trading platform, to bring users the best swap return for decentralized crypto trading.
Parallel is a Capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield generating correlated assets.
We’re thrilled to announce a three-layer integration between Parallel and OpenOcean, strengthening both ecosystem connectivity and user experience across the Parallel dApp.
OpenOcean has integrated Parallel’s smart contracts directly into its aggregator infrastructure — including both the Parallelizer Module for USDp mint/burn operations and the Savings Module for USDp stake/unstake functionality.
This allows OpenOcean users to interact seamlessly with Parallel’s core mechanisms.
Developers can learn more in our integration guides:
Conversely, Parallel has integrated the OpenOcean Swap API directly into its dApp frontend, enabling frictionless on-chain swaps from the mint page.
This provides users with optimized routing and liquidity aggregation through OpenOcean’s infrastructure.
API reference: OpenOcean Swap API v4
OpenOcean has officially whitelisted Parallel ecosystem tokens — USDp, sUSDp, and PRL — making them available across its trading interface and partner network.
Together, these integrations reinforce Parallel’s commitment to interoperability and efficient liquidity flow across the multichain landscape.
OpenOcean is a leading DEX aggregator with the widest blockchain coverage, connecting 40+ chains and 1000+ liquidity sources. OpenOcean is building a one-stop trading platform, to bring users the best swap return for decentralized crypto trading.
Parallel is a Capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield generating correlated assets.
Share Dialog
Share Dialog
No comments yet