
Parallel
1.4K posts

Parallel
@ParallelMoney
Capital-efficient, over-collateralized & decentralized stablecoins. Backed by yield-generating correlated assets | $USDp & $sUSDp | Governance Token: $PRL




Caps fill, caps raise. $sUSDp is strong and growing. Don't let anybody tell you DeFi is dead. @ParallelMoney 🤝 HypurrFi🤝 @eulerfinance 🤝 @ClearstarLabs 🤝 @Balancer





USDp/USDC pool is now live on @Balancer on HyperEVM. Current APR: 20%+ 📈 Note: This is a boosted pool, meaning LPs can earn from both swap fees + underlying lending market yields. Park idle stables, put them to work, and earn on-chain. LP link below ⤵️

USDp/USDC pool is now live on @Balancer on HyperEVM. Current APR: 20%+ 📈 Note: This is a boosted pool, meaning LPs can earn from both swap fees + underlying lending market yields. Park idle stables, put them to work, and earn on-chain. LP link below ⤵️


A proposal (PIP-64) has been published on the governance forum to sunset the USDp Parallelizer & Savings Modules on Sonic and wind down related incentives and price feeds. Read more ↓

Follow @andyhyfi in a DeFi yield farming tutorial for our newly listed asset $sUSDp from @ParallelMoney. The path: $USDe --> Parallel $USDP earning --> HypurrFi Collateral --> Borrow $USDC --> Lend USDC in another market --> use the deposit tokens as LP on @Balancer.

This % DOESN'T include three things: 1. @ParallelMoney 7.25% yield on sUSDp 2. @HypurrFi Earn yield on USDC 3. ~6% cost on USDC borrow (optional, I did it for more capital efficiancy) Full strategy video coming soon, estimating yield at about 28% dollar-denominated assets only.









