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About

Abracadabra.Money is a spell book that allows users to produce magic internet money. You, the spellcaster, can provide collateral in the form of various interest bearing crypto assets such as yvyfi, yvusdt, yvusdc, xsushi and more. With this, you can borrow magic internet money (mim) which is a stable coin that you can swap for any other traditional stable coin.

About

Parallel's mission is to innovate and bring DeFi to the next level. We are creating the most secure and easy-to-use decentralized platform to empower everyone access to financial services. Simply supply the assets, we optimize the best yield for you and you don't have to do all the complicated DeFi stuff, in a secure and decentralized way. Our platform introduces a new financial primitive for staked DOT, which allows users to accrue interest from staking while still having a liquid asset not subject to lockups or lengthy unlock periods. This staked DOT financial primitive will be referred to as xDOT. Lenders will be able to earn interest income on their xDOT, and borrowers will be able to get loans against their DOT denominated in stable coins without selling their DOT. The Parallel lending protocol uses a pool-based strategy that aggregates each user's supplied assets. This lending protocol will have a DOT, sDOT, and USDT pool where users can deposit their assets and earn interest.

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Platforms Supported

Windows
Mac
Linux
Cloud
On-Premises
iPhone
iPad
Android
Chromebook

Audience

Anyone searching for a lending platform that uses interest-bearing tokens

Audience

Professionals and anyone searching for a solution to manage their digital assets and blockchains

Support

Phone Support
24/7 Live Support
Online

Support

Phone Support
24/7 Live Support
Online

API

Offers API

API

Offers API

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version
Free Trial

Pricing

No information available.
Free Version
Free Trial

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation
Webinars
Live Online
In Person

Training

Documentation
Webinars
Live Online
In Person

Company Information

Abracadabra.Money
abracadabra.money/

Company Information

Parallel
Founded: 2021
parallel.fi/

Alternatives

Alternatives

TrueFi

TrueFi

TrustToken
Yearn

Yearn

yearn.finance
TrueFi

TrueFi

TrustToken

Categories

Categories

Integrations

Avalanche
Ethereum
Arbitrum
BNB Smart Chain (BSC)
Fantom
Kusama
MetaMask
Parsec
Phantom
Polkadot
Polygon
Solana
Telegram
Token Terminal
polkadot{.js}

Integrations

Avalanche
Ethereum
Arbitrum
BNB Smart Chain (BSC)
Fantom
Kusama
MetaMask
Parsec
Phantom
Polkadot
Polygon
Solana
Telegram
Token Terminal
polkadot{.js}
Claim Abracadabra.Money and update features and information
Claim Abracadabra.Money and update features and information
Claim Parallel and update features and information
Claim Parallel and update features and information