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Actual-Time Blockchain-to-All the things Platform PARSIQ (PRQ) Now Listed on OKEx

01/29/2021
Real-Time Blockchain-to-Everything Platform PARSIQ (PRQ) Now Listed on OKEx

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:

  1. PRQ Deposit : 07:00am January 28, 2021 (UTC)
  2. PRQ Spot Buying and selling : PRQ /USDT: 10:00am January 28, 2021 (UTC)
  3. 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.

Builders and particular person customers can remodel the blockchain information to their favourite off-chain utility or internet service.

Among the many apparent use instances is monitoring the wallets of merchants and abnormal customers. Among the many non-obvious are advanced 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 person interface is constructed with their proprietary programming language ParsiQL, and its customers’ advantages are multiplying with every supported integration.

PRQ Token

PARSIQ Token (PRQ) is an important piece of the PARSIQ platform that co-exists with FIAT funds for utilizing its companies. Funds inside the platform which are made in PRQ tokens assure a reduced fee. Through the first Epoch when PRQ tokens are used as fee for working Sensible-Triggers customers obtain increased 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 group launched plans for Epoch 2.0.

#1. Public Initiatives

With Public Initiatives customers can subscribe to present PARSIQ Initiatives that have been pre-made by different customers. By paying in PRQ, customers which have subscribed to the Public Mission will incentivize the creators to create attention-grabbing, advanced, and extra essential – problem-solving initiatives.

#2. Consumer Information and PRQ

Each single monitoring goal (primitive of sort handle, a struct with the sector of handle sort, 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 Consumer would want 1000 PRQ on the linked Ethereum Account steadiness.

#3. IQ Protocol

IQ Protocol will permit risk-free PRQ lending and collateral-less borrowing. Threat-free PRQ lending signifies that PRQ will not be transferred from the lender’s handle to the borrower’s handle. Particulars on the algorithm can be found within the devoted explainer on PARSIQ’s weblog.

#4. PRQBoost

PRQ Increase is a liquidity enhance program to incentivize PRQ/ETH liquidity suppliers on Uniswap, which matches with the PRQBOOST utility tokens to extend rewards for liquidity suppliers.

PARSIQ is actively working to companion with main layer 1 blockchain protocols to develop the vary of blockchain integrations and provides initiatives that construct on these protocols the power to observe and automate workflows between blockchain and off-chain.

 

Go to the PARSIQ web site to find some potential use-cases and discover extra particulars on the challenge and token: https://parsiq.internet

Media contact: [email protected]


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