Parabol
Since
2023
About
Empower your financial future with risk-free stablecoin rewards
Parabol is a globally accessible stablecoin protocol that delivers superior yields through an innovative risk-free yield mechanism. It offers diverse maturity options, enabling users to maximize returns safely and flexibly. Combining stability with cutting-edge financial technology, Parabol empowers users worldwide to earn competitive yields without compromising capital security.
Use Cases
Risk-Free Yield Farming
Lenders deposit paraUSD in the Stability Pool to earn fixed and floating incomewith zero risk due to full collateralization.
Seamless Developer Integration
Developers embed paraUSD stablecoin into platforms via SDK/API for easy accessto high-yield finance products and real-time data.
Enterprise Treasury Optimization
Businesses use Parabol to manage treasuries with stable, risk-free returns,instant liquidity, and enhanced transparency.
Customer Engagement with Rewards
Platforms offer paraUSD to users as rewards for engagement, enabling customersto earn passive income effortlessly.
Key Features
Stablecoin Features of paraUSD
- paraUSD is a USD-pegged stablecoin.
- It is backed by U.S. Treasury Bills and overnight repurchase agreements.
- It can be obtained through exchanges or minted after completing KYB (Know YourBusiness) verification.
- Parabol offers developer-friendly APIs and SDKs for integrating paraUSD intoplatforms.
- It provides a risk-free experience with full collateralization.
Yield and Earning Opportunities
- Users can earn with paraUSD.
- It offers a unique yield mechanism with both fixed and floating returns.
- Lenders receive NFTs and claim principal plus income from repo markets atmaturity.
- Parabol offers high yields through an innovative risk-free yield mechanism.
- Soulbound token holders gain early access to paraUSDs upon launch and earnhigh yields.
(Co-Founder and CEO)
Emre Colakoglu
Headquarters
🇬🇧 London
Website
parabol.fi
1.21%
paraUSD APY yield
6
maturity days for lending
