Spectra Finance Proposes New Gauge for paUSD-GYD Pool
Spectra Finance Proposes New Gauge for paUSD-GYD Pool
馃幆 New Pool, Who Dis?
A new proposal has been submitted to add a gauge on the auraECLP-paUSD-GYD pool on Ethereum via Spectra Finance. The initiative aims to benefit multiple stakeholders:
For Parallel Money & GyroStable:
- Sustainable yield opportunities for token holders (including SPIN points)
- Increased TVL in liquidity pool
- Enhanced DeFi visibility
For Spectra Finance:
- Higher tokenized and AMM TVL
- Expanded yield options
- Platform exposure growth
- Potential APW holder benefits through bribes
We published a proposal on the @spectra_finance governance forum to add a gauge on the auraECLP-paUSD-GYD pool on Ethereum Benefits for @ParallelMoney & @GyroStable : - sustainable yield opportunities for paUSD & GYD token holders. (+SPIN points) - Boost in TVL for the liquidity
Parallel Money Proposes Insurance Fund Strategy Update
Parallel Money has put forward a proposal to update their Insurance Fund Strategy. This follows a recent proposal from Immunefi on Parallel Money's governance forum earlier this month. The Insurance Fund plays a crucial role in protocol security and risk management. Community members can now review and provide feedback on the proposed changes. Key points: - Insurance Fund Strategy modifications proposed - Follows recent Immunefi governance proposal - Open for community feedback and discussion *Stakeholders are encouraged to review the proposal details on the governance forum and participate in the discussion.*
Parallel Money Announces 6-Month Growth Initiative with Cooper Labs
Parallel Money has partnered with Cooper Labs for a strategic 6-month marketing and growth initiative. This collaboration follows Cooper Labs' recent report highlighting several key developments: - MIMO Token Upgrade implementation - New tokenomics framework - Security audits in progress - Frontend user experience improvements The partnership aims to accelerate adoption and expand market presence through targeted growth strategies.
Cooper Labs Initiates Key Milestones for V3 Launch
Cooper Labs has set significant developments in motion with major proposals now live. The initiatives include: - Potential V3 launch pending proposal approval - 6-month marketing and growth campaign for Parallel Money - Strategic partnership with Cooper Labs Marketing efforts have already begun to support these developments. The proposals represent a crucial step forward in the protocol's evolution.
PAR Protocol Updates DVN Configuration and Launches New Era
The Parallel Protocol is implementing significant infrastructure updates and rebranding initiatives: - DVN Configuration Update: The PAR bridging module will receive an enhanced Decentralized Validator Network setup, strengthening cross-chain operations - Protocol Evolution: * Introduction of new governance token * Implementation of revised tokenomics model * Launch of refreshed visual identity These changes mark a strategic evolution in the protocol's architecture and governance structure. The DVN update specifically targets improved reliability in cross-chain transactions.
Parallel Money DAO Proposes Treasury Operations Platform Integration
Parallel Money DAO is proposing to integrate Definitive's non-custodial trading platform for treasury operations management. The platform offers institutional-grade execution across multiple chains with advanced order types and aggregated liquidity from 100+ DEXs. Key proposal points: - Creation of two trading vaults (Treasury Ops & Insurance Fund) - Role-based access control system - Streamlined token swap process This move aims to address current challenges in cross-timezone token swap coordination among signers.