The Parallel Has Chosen KyberSwap DEX Aggregator And Liquidity Protocol for Enhanced PRL Liquidity on Binance Smart Chain (BSC)
After their successful sale, The Parallel has chosen the capital-efficient KyberSwap DEX Aggregator and liquidity protocol for enhanced PRL liquidity on Binance Smart Chain (BSC).
KyberSwap is a next-gen DEX aggregator and liquidity protocol powered by Kyber Network that achieves the best rates for traders through liquidity aggregation, while providing capital-efficient and higher returns for liquidity providers via amplified pools and dynamic fees.
The Parallel allows players to have limitless ability to create everything and anything. A magical place where players can come together to experience the unexpected, connect and earn! Players create a completely unique evolving metaverse with a dynamic and interwoven economic system.
KyberSwap allows $PRL LPs to maximize the use of capital via:
- Amplified Liquidity Pools with extremely high capital efficiency; less tokens required to achieve better liquidity and rates compared to AMMs.
- Dynamic Fees that react to market conditions and optimize returns for LPs.
- Better Reliability & Security: Audited by ChainSecurity and insured up to $20M by Unslashed Finance.
Liquidity providers can now earn fees by adding any amount of liquidity to the eligible PRL-BUSD pool on KyberSwap on Binance Smart Chain.
ABOUT Kyber Network
Kyber Network is delivering a sustainable liquidity infrastructure for DeFi. As a liquidity hub, Kyber connects liquidity from various protocols and sources to provide the best token rates to Dapps, aggregators, DeFi platforms, and traders.
ABOUT KyberSwap
KyberSwap, the latest protocol in the liquidity hub, provides the best rates for traders and maximizes returns for liquidity providers.
ABOUT Parallel
Parallel is an infinite metaverse where players have limitless ability to create everything and anything. A magical place where players can come together to experience the unexpected, connect and earn.
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