Equity Overview
Price & Market Data
Price: $0.00488
Daily Change: +$0.00186 / 38.13%
Daily Range: $0.00302 - $0.00488
Market Cap: $4,850,414
Daily Volume: 0
Details
The Parallel Protocol is a decentralized stablecoin issuance protocol on the Ethereum blockchain. Parallel stablecoins are decentralized, non-custodial, collateral-backed, and fully redeemable synthetic assets pegged to a fiat currency. Parallel stablecoins are kept stable by collateral locked in smart contract Vaults. At launch, the Parallel Protocol offers a single stablecoin called PAR which is pegged to the Euro. Over time, the Parallel Protocol will progressively decentralize itself, handing over control to a diverse community of people holding the MIMO governance token.Telegram | Medium