Parallel Finance
Parallel Finance operates as a layer 2 scaling solution on Ethereum, utilizing Arbitrum's Nitro stack to create an EVM-compatible Parallel Chain. This optimistic rollup network ensures faster and more cost-effective transactions, inheriting security features from Ethereum, and introduces innovations like gas fee sponsorship and a WebAssembly execution environment through Arbitrum Stylus.
Overview
Parallel Finance operates as a layer 2 scaling solution on Ethereum, utilizing Arbitrum's Nitro stack to create an EVM-compatible Parallel Chain. This optimistic rollup network ensures faster and more cost-effective transactions, inheriting security features from Ethereum, and introduces innovations like gas fee sponsorship and a WebAssembly execution environment through Arbitrum Stylus.
- Sector
- # 其他
- Ecosystem
- —
Team
Team information has not been disclosed.
Funding history
3 disclosed rounds- Strategic
5,000,000 USD
- Series A
22,000,000 USD
- Seed
2,000,000 USD
Related news
Market updates
No related market updates.
People updates
No related people updates.