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Parallel

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About Parallel

At Parallel, our mission is to revolutionize DeFi by introducing the best crypto tools and taking it to new heights. We are committed to creating a decentralized platform that is both highly secure and user-friendly, ensuring that anyone can access financial services with ease. By simply providing your assets, we optimize the best yield for you, eliminating the need for you to navigate complex DeFi processes. Rest assured, our platform operates in a secure and decentralized manner.

One of our groundbreaking offerings is the introduction of a unique financial instrument called xDOT, specifically designed for staked DOT. With xDOT, users can earn interest from staking and still retain a liquid asset, without the inconvenience of lockups or lengthy unlock periods. Lenders can also earn interest income on their xDOT holdings, while borrowers can obtain loans against their DOT holdings, denominated in stable coins, without having to sell their DOT. This financial primitive opens up new possibilities for DOT holders.

At the heart of our lending protocol lies a pool-based strategy, where all users' supplied assets are aggregated. This methodology allows for efficient management of the lending process. Within our platform, you will find pools dedicated to DOT, sDOT, and USDT, enabling users to deposit their assets and earn interest on them. Our aim is to provide the best crypto trading tools, the best crypto analysis tools, and the best charting tools for crypto, empowering users to make informed decisions. Additionally, we offer a range of comprehensive crypto research tools, cryptocurrency investigation tools, and cryptocurrency monitoring tools. With our platform, you will have everything you need to navigate the crypto landscape effectively and maximize your trading potential.
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You gain access to your personal cabinet where you can monitor the addition of new airdrops and auto completion of all the necessary tasks for them.

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We complete all the tasks on your behalf, including creating your personal Burner wallet for you and social profiles. Just relax and enjoy your rewards.

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*Please be advised that some airdrops may require KYC to be passed in order to proceed. That is why, we kindly ask you not to create more than one account on Cryptoset.

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Includes at least 30 unique airdrops per month
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