Parasol FinancePSOL
Convert PSOL to your currency
Last Updated on Oct 06, 2025 10:11 AM
What is Parasol Finance?
About the coin
Parasol Finance is the pioneering community-governed Initial DEX Offering (IDO) platform built on the Solana blockchain. It is designed to cater to the needs of both projects and investors, providing a decentralized and democratic approach to project funding and development.
Main features
The primary feature of Parasol Finance is its governance model, which is facilitated through the ownership of Parasol tokens ($PSOL). Token holders have the right to participate in governance and voting on various projects, making it a truly community-driven platform. This governance mechanism ensures that the platform evolves in a way that aligns with the interests of its community members.
How it works
Parasol Finance operates by integrating new and existing projects and protocols into its ecosystem, allowing for early investment opportunities. The $PSOL token plays a crucial role in this process, serving as the foundation for further development with partners and within its own platform. By holding $PSOL tokens, investors can influence the direction of the platform and participate in the growth of the Parasol ecosystem.
Wallet for Parasol Finance
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Tangem supports networks for Parasol Finance
- Solana
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Parasol Finance FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
How to secure Parasol Finance with Tangem Wallet?
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Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
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Why choose Parasol Finance wallet with Tangem.
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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