ParallelParallel Protocol Enters a New Era
Introducing PRL, Tokenomics v2.0 & a Fresh Identity
ParallelHow 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...
ParallelHow to Bridge Parallel Tokens?
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.🧭 Why Bridge?🌐 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 n...
Scalable, over-collateralized & decentralized stablecoin protocol. Backed by yield generating correlated assets.
ParallelParallel Protocol Enters a New Era
Introducing PRL, Tokenomics v2.0 & a Fresh Identity
ParallelHow 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...
ParallelHow to Bridge Parallel Tokens?
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.🧭 Why Bridge?🌐 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 n...
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Scalable, over-collateralized & decentralized stablecoin protocol. Backed by yield generating correlated assets.
We’re partnering with Clearstar to make USDp strategies on HyperEVM easier to follow, repeat, and scale responsibly.
Clearstar acts as a curation and risk partner: packaging Vaults and Clusters into clear, repeatable strategies, stress-testing assumptions (liquidity, borrow dynamics, oracle behavior), and helping turn “cool contracts” into something normal users can actually run without needing a PhD in DeFi.
Curated Vault and Cluster deployments for USDp / sUSDp on HyperEVM
Risk framing that’s actually readable
Repeatable playbooks that evolve as liquidity and market depth grow
In short: fewer mystery-meat strategies, more “here’s the strategy, here are the risks, here’s how to run it, here’s how you benefit.”
For users, this means less time stitching together flows across multiple apps, and more time earning yield with clearer expectations on risk, costs, and execution.
Our first curated vault is now possible thanks to HypurrFi’s markets on HyperEVM, where the sUSDp vault is deployed and connected to the Yield Cluster. Oracle pricing for this setup is powered by RedStone.
One example flow:
USDe → mint USDp
Stake USDp → sUSDp
Deposit sUSDp on HypurrFi Yield
Borrow USDC or USDT0 or USDH (optional leverage)
Route liquidity into deeper markets (e.g., Balancer LP routes)
We’re partnering with Clearstar to make USDp strategies on HyperEVM easier to follow, repeat, and scale responsibly.
Clearstar acts as a curation and risk partner: packaging Vaults and Clusters into clear, repeatable strategies, stress-testing assumptions (liquidity, borrow dynamics, oracle behavior), and helping turn “cool contracts” into something normal users can actually run without needing a PhD in DeFi.
Curated Vault and Cluster deployments for USDp / sUSDp on HyperEVM
Risk framing that’s actually readable
Repeatable playbooks that evolve as liquidity and market depth grow
In short: fewer mystery-meat strategies, more “here’s the strategy, here are the risks, here’s how to run it, here’s how you benefit.”
For users, this means less time stitching together flows across multiple apps, and more time earning yield with clearer expectations on risk, costs, and execution.
Our first curated vault is now possible thanks to HypurrFi’s markets on HyperEVM, where the sUSDp vault is deployed and connected to the Yield Cluster. Oracle pricing for this setup is powered by RedStone.
One example flow:
USDe → mint USDp
Stake USDp → sUSDp
Deposit sUSDp on HypurrFi Yield
Borrow USDC or USDT0 or USDH (optional leverage)
Route liquidity into deeper markets (e.g., Balancer LP routes)
DeFi does not fail because users struggle with interfaces. It fails when strategies lack transparency, when risk is treated casually, and when execution is fragmented across protocols, markets, and liquidity venues without coordinated oversight.
Curated strategies solve that by packaging the steps (what to do), the logic (why it works), and the risk map (what can break, and what it would look like if it does).
This is the start of an ongoing cadence: new USDp strategies, refinements, and updated playbooks as HyperEVM liquidity evolves.
If you’re deploying stables on HypurrFi on HyperEVM, Clearstar and Parallel will keep making the path clearer and the risk tradeoffs more explicit, so the ecosystem can grow in a healthier way.
Clearstar is one of the leading curators across DeFi lending markets and non-custodial vaults. Active in DeFi for more than five years, our team combines long-term crypto experience with institutional discipline.
Our approach integrates qualitative judgment with quantitative risk controls. We prioritize governance, security architecture, and structural integrity before optimizing for yield. Rather than chasing inflated APY or vanity TVL metrics, we focus on capital preservation, diversification constraints, and efficient deployment within defined risk parameters.
Rooted in Swiss culture, our philosophy reflects precision, prudence, and excellence in risk curation. We bring institutional-grade due diligence, monitoring, and execution standards to decentralized markets.
Website: https://www.clearstar.xyz/
Parallel is a Capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield-generating correlated assets.
DeFi does not fail because users struggle with interfaces. It fails when strategies lack transparency, when risk is treated casually, and when execution is fragmented across protocols, markets, and liquidity venues without coordinated oversight.
Curated strategies solve that by packaging the steps (what to do), the logic (why it works), and the risk map (what can break, and what it would look like if it does).
This is the start of an ongoing cadence: new USDp strategies, refinements, and updated playbooks as HyperEVM liquidity evolves.
If you’re deploying stables on HypurrFi on HyperEVM, Clearstar and Parallel will keep making the path clearer and the risk tradeoffs more explicit, so the ecosystem can grow in a healthier way.
Clearstar is one of the leading curators across DeFi lending markets and non-custodial vaults. Active in DeFi for more than five years, our team combines long-term crypto experience with institutional discipline.
Our approach integrates qualitative judgment with quantitative risk controls. We prioritize governance, security architecture, and structural integrity before optimizing for yield. Rather than chasing inflated APY or vanity TVL metrics, we focus on capital preservation, diversification constraints, and efficient deployment within defined risk parameters.
Rooted in Swiss culture, our philosophy reflects precision, prudence, and excellence in risk curation. We bring institutional-grade due diligence, monitoring, and execution standards to decentralized markets.
Website: https://www.clearstar.xyz/
Parallel is a Capital-efficient, modular, over-collateralized & decentralized stablecoins protocol. Backed by yield-generating correlated assets.
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