Parallel Integration Request (PIR)
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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.
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
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: 0.3% of the total supply (3M vMIMO)
Voting Duration: 5 days
The proposal can now be submitted on , including all the information from the above steps.