May 2025 Recap:
- Parallel V3:
- We published PIP-50 l Introducing Parallel V3: A Modular, Scalable & Decentralized Stablecoins Protocol on the governance forum. The proposal is expected to go on Snapshot for vote in the coming days.
- We published PIP-51 l Launch USDp, the new Parallel USD Stablecoin on the governance forum. The proposal is expected to go on Snapshot for vote in the coming days.
- Smart Contracts: Completed.
- We received final reports of both the audit and the partial formal verification following implemented fixes.
- Audits reports can be found here.
- Backend: Work in Progress,
- Odos integration: Completed
- Fly integration: Completed
- Definitive integration: Work in progress
- Savings USDp (sUSDp) Integration: Work in progress
- Frontend: Work in Progress
- Swap page: 90% completed
- Earn page: 90% completed
- New dApp Menu: Work in progress
- Design: Work in Progress
- New dApp Menu: Completed
- New Stake page: Completed
- Yield page: Completed
- Dashboard page: Work in Progress
- Marketing:
- We have launched mini-videos lasting no more than one minute to kick off a small marketing campaign for Parallel. The first video can be viewed here.
- Several videos are already ready to be posted and will be published in the coming weeks.