Polkadex Crowdloan Has Partners With Parallel Finance

Published on: 22.01.2022

The Polkadex Crowdloan is now live!

The partnership gives Polkadex Crowdloan contributors the ability to keep their DOT liquid throughout the duration of the lock (Crowdloan + parachain lease), all while earning even more rewards.

Parallel Finance Rewards for Polkadex Crowdloan contributors

Every Polkadexer who contributes to the Polkadex Crowdloan through Parallel Finance will receive the following rewards:
Base reward starting from 0.1875 PDEX per DOT. That’s just the base reward. The final PDEX base reward amount will most likely be higher since PDEX rewards are paid as a % of your contribution to the total DOT contributed.

— 15% early-bird bonus on all contributions made in the first 72 hours.
— 5% on all contributions after the first 72 hours and till the 9th day.
— An exclusive NFT for each of the top 1,000 contributors

About Parallel Finance

Parallel Finance is a Decentralized Money Market Protocol that offers lending, staking, and borrowing, built on the Polkadot ecosystem. Parallel Finance was the winner of the 4th parachain auction and will be a parachain on Polkadot soon.

About Polkadex

Polkadex is a non-custodial, peer-to-peer trading platform that combines the benefits of CEXes and DEXes into one. Polkadex’s range of fully decentralized tools provides modern traders, investors and blockchain teams with unparalleled functionality. Built on Substrate and leveraging other sophisticated technologies.

➡️Source:
https://polkadex.medium.com/polkadex-crowdloan-partners-with-parallel-finance-fec50d3b9192

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