
Parallel Protocol Enters a New Era
Introducing PRL, Tokenomics v2.0 & a Fresh Identity

How 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...

USDp Is Live: The New USD Stablecoin of Parallel
Parallel officially launches USDp, its new decentralized USD stablecoin built on the Parallel V3 infrastructure, following the DAO’s approval of PIP-51. USDp is designed to be capital-efficient, scalable, and deeply integrated into a growing multi-chain DeFi ecosystem. It replaces paUSD as the protocol’s native USD stablecoin, introducing a more robust foundation for future development and integrations.1. Why USDp?USDp marks a fresh start for the protocol’s USD strategy, avoiding the scaling ...
Scalable, over-collateralized & decentralized stablecoin protocol. Backed by yield generating correlated assets.

Parallel Protocol Enters a New Era
Introducing PRL, Tokenomics v2.0 & a Fresh Identity

How 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...

USDp Is Live: The New USD Stablecoin of Parallel
Parallel officially launches USDp, its new decentralized USD stablecoin built on the Parallel V3 infrastructure, following the DAO’s approval of PIP-51. USDp is designed to be capital-efficient, scalable, and deeply integrated into a growing multi-chain DeFi ecosystem. It replaces paUSD as the protocol’s native USD stablecoin, introducing a more robust foundation for future development and integrations.1. Why USDp?USDp marks a fresh start for the protocol’s USD strategy, avoiding the scaling ...
Scalable, over-collateralized & decentralized stablecoin protocol. Backed by yield generating correlated assets.

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Parallel Protocol enables seamless multichain interaction thanks to its custom bridge powered by LayerZero.
This guide walks you through the process to bridge PRL, paUSD, or PAR between supported chains, whether you’re moving assets for governance, liquidity provision, or utility.
🌐 Move your PRL, paUSD, or PAR to the chain where you need them
⚙ Interact with different DeFi ecosystems using the same Parallel assets
🔄 Built on LayerZero’s OFT standard: secure, decentralized, and no wrapping
Always 1:1, no slippage or fees on the protocol level
Open the official Parallel dApp and click on “Bridge” in the nav bar.
Connect the wallet holding the asset you want to bridge (PRL, PAR, or paUSD).
Select the origin chain and the destination chain.
All Parallel bridgeable assets support:
Ethereum
Polygon
Fantom
Base
Arbitrum One
Optimism
Sonic

Use the dropdown to select either:
PRL (Governance token)
paUSD (USD stablecoin)
PAR (EUR stablecoin)
Then enter the amount you want to bridge.

By default, the tokens will be bridged to your own wallet.
You can specify another EVM address if you want to send them elsewhere.
If it’s your first time bridging a given token, approve it
Confirm the transaction in your wallet
Wait a up to 20 min depending on the route for LayerZero to finalize. You can also track bridge status in layerzero scan (automatically appears in pop up).
Your tokens will appear on the destination chain, 1:1.
From there, you can use them for:
Stake PRL via sPRL1 (only on Ethereum, Polygon PoS, Base & Sonic for now) or sPRL2 (only on Ethereum for now)
Vote on Snapshot (only if PRL are staked)
Provide liquidity in PRL, PAR & paUSD pools
Or simply hold PRL, PAR & paUSD
The bridge uses LayerZero’s decentralized infrastructure
No token wrapping or synthetic minting, true interoperability
Controlled and configurable by the Parallel DAO
Parallel Protocol enables seamless multichain interaction thanks to its custom bridge powered by LayerZero.
This guide walks you through the process to bridge PRL, paUSD, or PAR between supported chains, whether you’re moving assets for governance, liquidity provision, or utility.
🌐 Move your PRL, paUSD, or PAR to the chain where you need them
⚙ Interact with different DeFi ecosystems using the same Parallel assets
🔄 Built on LayerZero’s OFT standard: secure, decentralized, and no wrapping
Always 1:1, no slippage or fees on the protocol level
Open the official Parallel dApp and click on “Bridge” in the nav bar.
Connect the wallet holding the asset you want to bridge (PRL, PAR, or paUSD).
Select the origin chain and the destination chain.
All Parallel bridgeable assets support:
Ethereum
Polygon
Fantom
Base
Arbitrum One
Optimism
Sonic

Use the dropdown to select either:
PRL (Governance token)
paUSD (USD stablecoin)
PAR (EUR stablecoin)
Then enter the amount you want to bridge.

By default, the tokens will be bridged to your own wallet.
You can specify another EVM address if you want to send them elsewhere.
If it’s your first time bridging a given token, approve it
Confirm the transaction in your wallet
Wait a up to 20 min depending on the route for LayerZero to finalize. You can also track bridge status in layerzero scan (automatically appears in pop up).
Your tokens will appear on the destination chain, 1:1.
From there, you can use them for:
Stake PRL via sPRL1 (only on Ethereum, Polygon PoS, Base & Sonic for now) or sPRL2 (only on Ethereum for now)
Vote on Snapshot (only if PRL are staked)
Provide liquidity in PRL, PAR & paUSD pools
Or simply hold PRL, PAR & paUSD
The bridge uses LayerZero’s decentralized infrastructure
No token wrapping or synthetic minting, true interoperability
Controlled and configurable by the Parallel DAO
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