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 Buying and selling : 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.
Builders and particular person customers can remodel the blockchain information to their favourite off-chain software or net service.
Among the many apparent use instances is monitoring the wallets of merchants and peculiar customers. Among the many non-obvious are advanced system integrations for monetary establishments and DeFi tasks 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 an important piece of the PARSIQ platform that co-exists with FIAT funds for utilizing its companies. Funds inside the platform which can be made in PRQ tokens assure a reduced charge. In the course of the first Epoch when PRQ tokens are used as fee for working Good-Triggers customers obtain greater execution limits, unlock transport strategies, and are capable of suggest options that may be added to the platform.
In October 2020, the PARSIQ crew launched plans for Epoch 2.0.
#1. Public Initiatives
With Public Initiatives customers can subscribe to current PARSIQ Initiatives that had been pre-made by different customers. By paying in PRQ, customers which have subscribed to the Public Venture will incentivize the creators to create fascinating, advanced, and extra essential – problem-solving tasks.
#2. Person Knowledge and PRQ
Each single monitoring goal (primitive of sort deal with, a struct with the sphere of deal with sort, desk row) would require 1 PRQ to carry after the implementation. It implies that if there are 1000 addresses (960 within the desk as rows, 30 as primitives, 10 within the structs) then the Person would wish 1000 PRQ on the linked Ethereum Account steadiness.
#3. IQ Protocol
IQ Protocol will permit risk-free PRQ lending and collateral-less borrowing. Danger-free PRQ lending implies that PRQ shouldn’t be transferred from the lender’s deal with to the borrower’s deal with. Particulars on the algorithm can be found within the devoted explainer on PARSIQ’s weblog.
PRQ Enhance is a liquidity increase program to incentivize PRQ/ETH liquidity suppliers on Uniswap, which fits 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 tasks that construct on these protocols the power to watch and automate workflows between blockchain and off-chain.
Go to the PARSIQ web site to find some doable use-cases and discover extra particulars on the venture and token: https://parsiq.net
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