June 2025 Recap:
- Parallel V3:
- PIP-50 l Introducing Parallel V3: A Modular, Scalable & Decentralized Stablecoins Protocol has been approved by the DAO.
- PIP-51 l Launch USDp, the new Parallel USD Stablecoin has been approved by the DAO.
- We published PGP-29 l Marketing & Growth Strategy Phase I in collaboration with Mimo Labs & Spindl to launch a marketing & growth strategy. The proposal has been approved by the DAO.
- Smart Contracts: Completed.
- Parallel V3 is currently being deployed on the 16 approved chains.
- Backend: Work in Progress
- Odos integration: Completed
- Fly integration: Completed
- Definitive integration: Cancelled (due to issues with their API format)
- Savings USDp (sUSDp) Integration: Work in progress
- Frontend: Work in Progress
- Swap page: 99% completed
- Earn page: 99% completed
- New dApp Menu: Completed
- Yield page: 99% completed
- Dashboard: Work in Progress
- Design: Work in Progress
- Yield page: Completed
- Dashboard page: Completed
- dApp Mobile Version: Work in Progress
- BD & Marketing:
- We attended ethCC in Cannes to prepare the launch of Parallel V3. We published a small video to announce it, which is available here.
- We’re currently preparing the launch of the incentives & ads program with partners.