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Mainstreaming DeFi with Parallel Finance

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Manage episode 313291281 series 2529784
Content provided by Parity Technologies. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Parity Technologies or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

This week, Jorrin Bruns (Support Engineer, Parity Technologies) is joined by Yubo Ruan, founder of Parallel Finance, a lending solutions provider designed to increase liquidity and acceptance on the Polkadot network. Parallel Finance is a Polkadot parachain and its sister network Heiko Finance is a Kusama parachain.

This episode begins with an introduction to Parallel Finance and its tech stack. They also discuss how Substrate helped Parallel launch a parachain in 7 months, and how the project is disrupting DeFi through a unique take on lending design and building user interaction interfaces (necessary for interoperability in DeFi).

Links

Parallel Finance’s website

Substrate Builders Program featuring Parallel Finance

Highlights

01:53 How to launch a parachain in 7 months

03:30 What is Parallel Finance?

05:40 Substrate modules and tech stack upgrades

08:00 Validator participation requirements

11:34 Heiko use cases and the Security Module

14:20 Increasing engagement in governance

21:50 Parallel Finance products

29:38 Staked tokens can participate in governance

31:15 Borrowing based on your collateral

33:30 Auction lending and crowdloans

42:48 Value proposition between networks: Parallel Heiko and Parallel Finance

45:27 Participation in the Substrate Builders Program

Special Guest: Yubo Ruan.

  continue reading

48 episodes

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Mainstreaming DeFi with Parallel Finance

Relay Chain

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Manage episode 313291281 series 2529784
Content provided by Parity Technologies. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Parity Technologies or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

This week, Jorrin Bruns (Support Engineer, Parity Technologies) is joined by Yubo Ruan, founder of Parallel Finance, a lending solutions provider designed to increase liquidity and acceptance on the Polkadot network. Parallel Finance is a Polkadot parachain and its sister network Heiko Finance is a Kusama parachain.

This episode begins with an introduction to Parallel Finance and its tech stack. They also discuss how Substrate helped Parallel launch a parachain in 7 months, and how the project is disrupting DeFi through a unique take on lending design and building user interaction interfaces (necessary for interoperability in DeFi).

Links

Parallel Finance’s website

Substrate Builders Program featuring Parallel Finance

Highlights

01:53 How to launch a parachain in 7 months

03:30 What is Parallel Finance?

05:40 Substrate modules and tech stack upgrades

08:00 Validator participation requirements

11:34 Heiko use cases and the Security Module

14:20 Increasing engagement in governance

21:50 Parallel Finance products

29:38 Staked tokens can participate in governance

31:15 Borrowing based on your collateral

33:30 Auction lending and crowdloans

42:48 Value proposition between networks: Parallel Heiko and Parallel Finance

45:27 Participation in the Substrate Builders Program

Special Guest: Yubo Ruan.

  continue reading

48 episodes

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