#4 Referendum proposal: Create SALP for Parallel Heiko (ParaID 2085)

Summary

Heiko Finance is the sister network to Parallel Finance, which is offering Lending, Staking, Borrowing products to Kusama Network. Parallel Finance(Heiko Finance) just closed a Series A round which led by Polychain Capital , along with Pantera Capital, Lightspeed Ventures, Alameda Research and etc. Parallel has also received a Web3 Grant and been a member of DeFi Alliance and Substrate Builders program. Learn more about Parallel and Heiko: https://parallel.fi/

Bifrost will support Parallel Heiko Kusama Crowdloan through SALP. The proposal was initiated by members of the Bifrost council and accelerated by the technical committee. The proposal was passed to create SALP for Parallel Heiko (ParaID 2085), hoping to support Parallel Heiko’s contributors can use SALP to mint vsKSM and vsBond as the corresponding derivatives of KSM lock-up.

On-chain Proposal

  • :raising_hand_man: Voting Period: #433,675

  • :rocket: Activate Period: #433,975

  • Execution:

    salp.create(2085, 400000, 15, 22);
    
  • Proposal Preimage:

    0x690795201300002876e1158d053c58
    
  • Proposal Hash:

    0xac78b71183612371b0fdc6f4b1f2655b14df2126cde6384a17b4496d3e219d15
    

More

21 Likes

Good stuff guys…

2 Likes

Hope it will give good return

2 Likes

good but i guess kintsugi and altair will win

1 Like

Kintsugi taking lead

i took part in Heiko

Really good step, I already contributed for Altair using SALP.

Good things, parallel heiko is good project

1 Like

Great project.
I’m really excited to be a part of this.
I think the future of this project is bright🌞

Parallel is a good project

Everyone this is great opportunity, Awesome Project. Looking so sustainable. Hope it will go a long way in future. Really happy to be part of such a nice project

Keep support project

heiko so good

good project, always support

Great Project :grin::+1:

支持

不错的项目

Yes, SALP!

I m very happy to participate this project

Awesome guys :blush::blush: