Continue Capital Contributes 1,000,000 DOT on Parallel Finance’s Auction Loan to Parallel, Moonbeam, Acala, and Manta Crowdloans
Continue Capital has just completed a 1,000,000 DOT contribution on Parallel Finance’s Auction Loan. Continue Capital contributed the 1M DOT to Parallel, Moonbeam, Acala, and Manta crowdloans during the ongoing first round of Polkadot’s Parachain Auctions. In the future, Continue Capital will take a deep dive into Parallel’s platform and cooperate with the Parallel team on ways to maximize support for more Polkadot projects.
Parallel Finance is a decentralized money market protocol that offers lending, staking, and borrowing in the Polkadot ecosystem. Depositors can lend and stake simultaneously to earn double yield on their staked token, and borrowers can collateralize to borrow. Parallel’s Auction Loan platform enables projects that participate in Polkadot parachain auctions to offer more rewards, analytics, and incentives for their users and a more streamlined and comprehensive crowdloan launch for their project.
About Continue Capital
Founded in 2016, Continue Capital focuses on investing in global blockchain technologies, early-stage technology startups and providing Quant-Trading service in USA, Europe, Asia area. Our core team members are early Bitcoin community members, including top Venture Capitalists, professional Blockchain Developers and technical Talents from Internet Giants, located in China, Japan, and USA.