Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
You can participate in staking your assets and leverage the resulting staking derivatives throughout the DeFi landscape. Enjoy the freedom to withdraw your assets at any time, eliminating the hassle of lengthy unbonding periods. ClayStack's staking derivatives are fully supported by actual staked assets, ensuring there are no fractional reserves involved. Experience the benefits of both staking and DeFi simultaneously. When you stake with ClayStack, you’ll be rewarded with a derivative token that allows you to engage in various DeFi activities. The tokens that underpin this process will be staked with expert validators, enabling users to track their rewards as they accumulate in real time. Our ambassador program is designed for individuals who are enthusiastic about staking and decentralized finance. We foster a collaborative culture where learning and growth are prioritized, encouraging members to support one another, welcome newcomers, and actively promote the platform. By joining our community, participants gain access to the team, collectible items, unique events, and a variety of additional benefits that enhance their experience. Together, we strive to build a thriving ecosystem in the ever-evolving world of DeFi.
Description
Parallel aims to revolutionize decentralized finance (DeFi) by creating a highly secure and user-friendly platform that grants everyone access to essential financial services. By simply providing assets, users benefit from optimized yields without the complexities typically associated with DeFi, all in a secure and decentralized environment. Our innovative approach introduces a unique financial instrument for staked DOT, enabling users to earn interest through staking while retaining liquidity, thus avoiding lockups and protracted unlocking processes; this instrument will be known as xDOT. With xDOT, lenders can generate interest income, while borrowers can leverage their DOT to obtain loans denominated in stablecoins, eliminating the need to sell their DOT. The Parallel lending protocol implements a pool-based strategy to aggregate assets supplied by users, facilitating a DOT, sDOT, and USDT pool where participants can deposit their assets and earn competitive interest rates. This comprehensive lending solution not only enhances liquidity but also encourages broader participation in the DeFi ecosystem. Ultimately, Parallel is committed to making financial services more accessible and efficient for everyone involved.
API Access
Has API
API Access
Has API
Integrations
MetaMask
Polygon (Matic)
Avalanche
Ethereum
Kusama
Phantom
Polkadot
Solana
Telegram
polkadot{.js}
Integrations
MetaMask
Polygon (Matic)
Avalanche
Ethereum
Kusama
Phantom
Polkadot
Solana
Telegram
polkadot{.js}
Pricing Details
No price information available.
Free Trial
Free Version
Pricing Details
No price information available.
Free Trial
Free Version
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Deployment
Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Customer Support
Business Hours
Live Rep (24/7)
Online Support
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Vendor Details
Company Name
ClayStack
Founded
2020
Country
Singapore
Website
claystack.com
Vendor Details
Company Name
Parallel
Founded
2021
Website
parallel.fi/