Parallel Protocol @ParallelMoney
Capital-efficient, over-collateralized & decentralized stablecoins. Backed by yield-generating correlated assets | $USDp & $sUSDp | Governance Token: $PRL app.parallel.best Parallel World Joined June 2022-
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✅ Issue resolved The mismatch came from how the Silo contract handled decimals (18+X) vs. how the Parallelizer read them (X). We wrapped the Silo contract in a Yearn V3 vault to align decimals correctly. Mint, burn & redeem of USDp with the scUSD Silo vault on Sonic are…
✅ Issue resolved The mismatch came from how the Silo contract handled decimals (18+X) vs. how the Parallelizer read them (X). We wrapped the Silo contract in a Yearn V3 vault to align decimals correctly. Mint, burn & redeem of USDp with the scUSD Silo vault on Sonic are…
Following the npm package incident, we decided to run a complete review of Parallel security and identified a configuration issue with the scUSD Silo vault backing USDp on Parallel (Sonic). Guardians immediately paused the ability the mint, burn & redeem of USDp using this asset…
Proud to join the Kitten Cartel 🐱 We’ve put up $2K in bribes to kick litters off! What can you do? LP, vote, and farm while the veKITTEN flywheel purrs!
Proud to join the Kitten Cartel 🐱 We’ve put up $2K in bribes to kick litters off! What can you do? LP, vote, and farm while the veKITTEN flywheel purrs!
Thank you for your patience! We didn't find any impact on our protocol; you can use the app as usual. As always, read what you sign and use a hardware wallet when possible.
Thank you for your patience! We didn't find any impact on our protocol; you can use the app as usual. As always, read what you sign and use a hardware wallet when possible.
PGP-34, which aims to launch Parallel stablecoins price feeds using DIA, is now live on Snapshot until September 17th To Vote: vote.parallel.best/#/proposal/0x3…
PGP-34, which aims to launch Parallel stablecoins price feeds using DIA, is now live on Snapshot until September 17th To Vote: vote.parallel.best/#/proposal/0x3…
PGP-33, which aims to launch price feeds for USDp & sUSDp using RedStone, is now live on Snapshot until September 17th To Vote: vote.parallel.best/#/proposal/0x3…
PGP-33, which aims to launch price feeds for USDp & sUSDp using RedStone, is now live on Snapshot until September 17th To Vote: vote.parallel.best/#/proposal/0x3…
Without @KittenswapHype, our cat story with @HypurrFi wouldn’t be complete! • USDp/hyUSDe coming soon on KittenSwap on HyperEVM • Second pool USDp/hyUSDT will follow Stay tuned, links to pools (and purrs) coming soon!
We are investigating if we are impacted by the ongoing attack As a precaution, please AVOID using the app for now and don't interact with any crypto website without hardware wallet AND checking what you sign Updates coming shortly
We are investigating if we are impacted by the ongoing attack As a precaution, please AVOID using the app for now and don't interact with any crypto website without hardware wallet AND checking what you sign Updates coming shortly

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