Following the DAO’s approval of PIP-51, Parallel has launched USDp, the new USD stablecoin of Parallel V3, along with sUSDp (Savings USDp). The Parallel Savings Module enables Parallel stablecoin holders to earn a native yield based on the returns generated by the protocol on its assets backing the stablecoin.

sUSDp is designed as a low-risk savings layer for the Parallel ecosystem. Instead of relying on external strategies, yield comes directly from the revenues generated by the USDp codebase, namely:

• Parallelizer module

• Bridging module

• Flashloan module

Staking USDp into sUSDp is the simplest way to access sustainable, protocol-native yield, secured by the same architecture that underpins USDp itself.

1. Go to: app.parallel.best/earn

2. Connect your wallet 

3. In the “Earn” section, click “Deposit”

4. Choose a chain

5. Enter the amount of USDp you want to stake

6. Confirm the transaction in your wallet

Once confirmed, you’ll receive sUSDp, which will automatically grow in value over time as protocol fees are distributed. 

There are no staking fees, and sUSDp remains fully liquid. You can use it as collateral or move it freely across DeFi.

1. Go to: app.parallel.best/earn

2. Connect your wallet

3. In the “Earn” section, click “Withdraw”

4. Choose a chain

5. Enter the amount to unstake

6. Confirm the transaction in your wallet

You will receive your USDp back. Since sUSDp increases in value over time, the amount of USDp received will reflect the accrued yield.

The yield rate for sUSDp is updated by keepers, currently set as Cooper Labs and Mimo Labs, based on actual revenues collected by the protocol.

This ensures that sUSDp’s return always reflects real protocol activity and remains sustainable over time.

You can stake USDp directly through the dApp here:
app.parallel.best/earn

sUSDp brings a native savings primitive to Parallel: simple, transparent, and DAO-governed. By staking USDp, users access stable on-chain yield without additional risk layers, making sUSDp the base layer of Parallel V3’s savings ecosystem.

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Following the DAO’s approval of PIP-51, Parallel has launched USDp, the new USD stablecoin of Parallel V3, along with sUSDp (Savings USDp). The Parallel Savings Module enables Parallel stablecoin holders to earn a native yield based on the returns generated by the protocol on its assets backing the stablecoin.

sUSDp is designed as a low-risk savings layer for the Parallel ecosystem. Instead of relying on external strategies, yield comes directly from the revenues generated by the USDp codebase, namely:

• Parallelizer module

• Bridging module

• Flashloan module

Staking USDp into sUSDp is the simplest way to access sustainable, protocol-native yield, secured by the same architecture that underpins USDp itself.

1. Go to: app.parallel.best/earn

2. Connect your wallet 

3. In the “Earn” section, click “Deposit”

4. Choose a chain

5. Enter the amount of USDp you want to stake

6. Confirm the transaction in your wallet

Once confirmed, you’ll receive sUSDp, which will automatically grow in value over time as protocol fees are distributed. 

There are no staking fees, and sUSDp remains fully liquid. You can use it as collateral or move it freely across DeFi.

1. Go to: app.parallel.best/earn

2. Connect your wallet

3. In the “Earn” section, click “Withdraw”

4. Choose a chain

5. Enter the amount to unstake

6. Confirm the transaction in your wallet

You will receive your USDp back. Since sUSDp increases in value over time, the amount of USDp received will reflect the accrued yield.

The yield rate for sUSDp is updated by keepers, currently set as Cooper Labs and Mimo Labs, based on actual revenues collected by the protocol.

This ensures that sUSDp’s return always reflects real protocol activity and remains sustainable over time.

You can stake USDp directly through the dApp here:
app.parallel.best/earn

sUSDp brings a native savings primitive to Parallel: simple, transparent, and DAO-governed. By staking USDp, users access stable on-chain yield without additional risk layers, making sUSDp the base layer of Parallel V3’s savings ecosystem.

DApp I Discord I X I Docs