Equity Overview
Price & Market Data
Price: $0.0035
Daily Change: -$0.0₃364 / 10.39%
Range: $0.0035 - $0.00387
Market Cap: $3,477,972
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