PRESS RELEASE. PARSIQ, a blockchain monitoring and workflow automation platform connecting on-chain and off-chain functions in real-time, introduced that its PRQ token is now listed on OKEx with USDT base pair.
Please pay attention to 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 functions. 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 net service.
Among the many apparent use circumstances is monitoring the wallets of merchants and strange 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 a vital piece of the PARSIQ platform that co-exists with FIAT funds for utilizing its providers. Funds throughout the platform which can be made in PRQ tokens assure a reduced price. 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 staff launched plans for Epoch 2.0.
#1. Public Tasks
With Public Tasks customers can subscribe to present PARSIQ Tasks that have been pre-made by different customers. By paying in PRQ, customers which have subscribed to the Public Challenge will incentivize the creators to create attention-grabbing, advanced, and extra necessary – problem-solving tasks.
#2. Consumer Information and PRQ
Each single monitoring goal (primitive of kind handle, a struct with the sector of handle kind, 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 Consumer would want 1000 PRQ on the related 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 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.
PRQ Increase 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 flexibility to observe and automate workflows between blockchain and off-chain.
Go to the PARSIQ web site to find some attainable use-cases and discover extra particulars on the challenge and token: https://parsiq.internet
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