PRESS RELEASE. PARSIQ, a blockchain monitoring and workflow automation platform connecting on-chain and off-chain purposes in real-time, introduced that its PRQ token is now listed on OKEx with USDT base pair.
Please be aware of the next go-live schedule:
- PRQ Deposit : 07:00am January 28, 2021 (UTC)
- PRQ Spot Trading : PRQ /USDT: 10:00am January 28, 2021 (UTC)
- PRQ Withdrawal : 10:00 January 29, 2021 (UTC)
PARSIQ is a blockchain monitoring and workflow automation platform that serves as a multi-level bridge between blockchains and off-chain purposes. PARSIQ’s options automate the blockchain analytics and monitoring course of, offering customizable workflows with real-time intelligence.
Developers and particular person customers can remodel the blockchain knowledge to their favourite off-chain utility or net service.
Among the plain use circumstances is monitoring the wallets of merchants and strange customers. Among the non-obvious are complicated system integrations for monetary establishments and DeFi initiatives that use the PARSIQ infrastructure to enhance safety, conduct audits, adjust to regulatory necessities, AML, and develop their workflows in different methods.
The infrastructure beneath PARSIQ’s consumer interface is constructed with their proprietary programming language ParsiQL, and its customers’ advantages are multiplying with every supported integration.
PARSIQ Token (PRQ) is a vital piece of the PARSIQ platform that co-exists with FIAT funds for utilizing its providers. Payments inside the platform which are made in PRQ tokens assure a reduced price. During the primary Epoch when PRQ tokens are used as cost for operating Smart-Triggers customers obtain larger execution limits, unlock transport strategies, and are in a position to suggest options that may be added to the platform.
In October 2020, the PARSIQ workforce launched plans for Epoch 2.0.
#1. Public Projects
With Public Projects customers can subscribe to present PARSIQ Projects that have been pre-made by different customers. By paying in PRQ, customers which have subscribed to the Public Project will incentivize the creators to create fascinating, complicated, and extra essential – problem-solving initiatives.
#2. User Data and PRQ
Every single monitoring goal (primitive of kind handle, a struct with the sphere of handle kind, desk row) would require 1 PRQ to carry after the implementation. It signifies that if there are 1000 addresses (960 within the desk as rows, 30 as primitives, 10 within the structs) then the User would wish 1000 PRQ on the linked Ethereum Account steadiness.
#3. IQ Protocol
IQ Protocol will enable risk-free PRQ lending and collateral-less borrowing. Risk-free PRQ lending signifies that PRQ just isn’t transferred from the lender’s handle to the borrower’s handle. Details on the algorithm can be found within the devoted explainer on PARSIQ’s weblog.
PRQ Boost is a liquidity increase program to incentivize PRQ/ETH liquidity suppliers on Uniswap, which works with the PRQBOOST utility tokens to extend rewards for liquidity suppliers.
PARSIQ is actively working to accomplice with main layer 1 blockchain protocols to develop the vary of blockchain integrations and provides initiatives that construct on these protocols the flexibility to watch and automate workflows between blockchain and off-chain.
Visit the PARSIQ web site to find some doable use-cases and discover extra particulars on the mission and token: https://parsiq.internet
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