PARA-Parallel FinanceDetailed Description

PARA-Parallel Finance Detailed Description

Parallel Finance is a decentralized Money Market that provides Lending, Staking, and Borrowing products for the Polkadot ecosystem, bringing more liquidity to the Polkadot ecosystem. Depositors can lend funds and pledge at the same time, earning double interest, and borrowers can mortgage to borrow money.

PARA Token is Polkadot's native token deployed on Parallel Finance, distributed among key players and partners in the ecosystem.