Jobs at Parallel Finance

The Polkadot ecosystem, since its inception, has attracted more than $40 billion worth of DOT tokens in circulation, powering its Proof of Stake consensus network. DOT holders stake into the relay chain to earn an estimated 14% annual return. However, the capital in stake remains illiquid, and DOT holders face a higher opportunity and network security cost when utilized in other decentralized applications as supposed to staking. Unfortunately, there is no such application introduced in the Polkadot ecosystem; DOT and incoming asset holders on other parachains continue to face the challenges of capital inefficiency. We believe that no one should be left out of the financial economy because the cost of not participating in the financial market is too great in a highly inflated market. We aim to build a suite of intuitive financial tools to empower and enrich people who don’t have the means or knowledge to benefit from the modern and decentralized way of growing their wealth. We are empowering the common people to earn interests on their assets through intuitive lending, staking and other applications - allowing everyone to participate in the future financial ecosystem.