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On this page
  • New Asset Listing
  • 1. Proposing the asset via the PIR Process
  • 2. Submission of Proposal

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  1. DAO & Governance
  2. Proposal Framework

Parallel Integration Request (PIR)

PreviousProposal FrameworkNextParallel Governance Proposal (PGP)

Last updated 11 days ago

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New Asset Listing

The Parallel protocol can support many different assets in many different markets. Each market operates as a segregated risk pool, with the addition of each new asset influencing the overall risk of that particular market.

  • The increased insolvency risk of the market it is listed in.

  • The potential to expose the market it is listed in to a single point of failure.

  • The risks associated with collateral currencies.

  • The benefits of protocol/market diversification.

1. Proposing the asset via the PIR Process

As with all governance upgrades, PIR Template is recommended.

  • Project Presentation: (After summary)

    • Protocol name

    • Token requested

    • Token contract address

    • Audit(s) links

    • Chain requested: Ethereum/Polygon/Fantom

    • Relation with the project

    • Twitter/Discord/Telegram links

  • Token metrics: (After project presentation)

  • Risk assessment:

    • Smart Contract risk: maturity, transactions

    • Counterparty risk: holders, permission

    • Market Risk: market cap, average volume, normalized volatility

    • Use the Parallel Methodology (more )

    • Community size on Twitter/Discord/Telegram

  • Sentiment poll: (After voting options)

    • A poll on the governance forum post to get a first sentiment at least 48 hours before submitting a snapshot proposa

2. Submission of Proposal

Considering that the integrations proposals can happen quite often and that the risk for the protocol is lower than other proposal types, we could consider the following parameters:

  • Admin: DAO Multisig

  • Quorum: 100,000 sPRL (ParaBoost)

  • Voting Duration: 5 days

The proposal can now be submitted on , including all the information from the above steps.

here
Snapshot