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🧵 Thread Airdrop Parallel Finance 🧵 ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️ ⬇️
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1 / Parallel ? Parallel Network is a layer 2 scaling solution built on top of Ethereum, powered by Arbitrum's Nitro stack. Parallel Chain is EVM-compatible which means you can do anything on Parallel Network that you would be able to do on Ethereum mainnet - deploy contracts, use Web3 apps, interact with wallets etc.
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2 / Funding Raise Parallel has currently raised 29M from VCs including big names such as Coinbase, Polychain Capital, Pantera Capital, Blockchain Capital, and 5M from the public sale. https://cryptorank.io/ico/parallel-finance
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3 / Airdrop We currently don't know the supply allocated to airdrop - the only thing we do know is that 1% will be allocated to Ultiverse users on Parallel. here's the link to a complete guide. https://ultiversedao.medium.com/up-to-1-parallel-points-airdrop-parallel-x-ultiverse-501fb027bcca
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4 / 1% ?? https://parallel.fi/airdrop On their site you can see “?? % Token Airdrop", so I don't think there'll be just 1%, but given how little farm there is on Parallel (I'm 450th for depositing $50 for 3~ weeks) . I think that due to poor communication people think that only 1% would be allocated to the airdrop.
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5 / Why ? it's a gamble worth taking, and when we see the top rankings, if the airdrop is linear we probably won't get more than a chef's kebab. But I think it would be a good idea to position yourself with a few tens of dollars in case this one goes by thirds.
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