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Parallel L2 mainnet is officially launched, with three innovative mechanisms: brokerage account, liquidity Vault, and full-chain execution layer

Parallel L2 mainnet is officially launched, with three innovative mechanisms: brokerage account, liquidity Vault, and full-chain execution layer

CointimeCointime2024/01/05 02:12
By:Cointime

Parallel Network announced on the X platform that its L2 mainnet has officially launched and is now open to developers. It is reported that Parallel is a full-chain L2 blockchain based on Arbitrum, aimed at unifying liquidity across different chains.

According to reports, Parallel has the following three innovative mechanisms, dedicated to providing comprehensive support for developers of full-chain applications:

- Broker Accounts;

- Liquidity Vaults;

- Omni-Chain Execution Layer.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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