2024/2025 Parallel Protocol Roadmap - Cooper Labs

General Chat
6

November 2024 Recap:

  • Parallel Bridging Module:
    • The Parallel Bridging Module is now live in production for both PAR (Ethereum, Polygon PoS, Fantom) & paUSD (Ethereum, Polygon PoS)
  • Parallel Updated dApp MVP:
    • The MVP of the updated dApp is now live and available here.
    • We have corrected several bugs in the bridging module tab and reworked the dApp backend.
  • MIMO Token Upgrade:
    • In line with the post published (Discussing a MIMO Token Upgrade) we’re working on the MIMO Token Upgrade:
      • Smart Contracts: Completed, pending audits
      • Backend: Completed
      • Frontend: First Version completed, we’re currently improving it
  • Parallel Tokenomics Update:
    • In line with the post published (Discussing a New Parallel Tokenomics) we’re working on the new tokenomics:
      • Smart Contracts: 95% completed
      • Backend: Not yet started
      • Frontend: Work in progress
  • Parallel Protocol Fees Computation Bug:
    • On November 30th we detected a bug related to how the fees generated by the protocol are calculated. Following this, in collaboration with Mimo Labs we published a proposal (PIP-39 l Protocol Fees Computation Update) proposing a patch for it and started working on it.
  • Parallel V3:
    • We’ve started thinking about Parallel V3 and are studying several possibilities. More information in the coming months.
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