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@yuboruan

16,616
Followers
1,459
Following
147
Media
1,136
Statuses

Building @ParallelFi

San Francisco, CA
Joined September 2016
Don't wanna be here? Send us removal request.
@yuboruan
Yubo
2 years
Polkadot XCM will launch @Polkadot in the next runtime update. I estimated it will happen sometime this month or so. XCM will enable a wide range of cross-chain applications on the @Polkadot ecosystem. Great work @ParityTech 👍👍👍
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@yuboruan
Yubo
3 years
Had a great chat with Gavin Wood @gavofyork last night. Take a look at the t-shirt 😆 @parallelFi is a huge supporter of the #Polkadot Ecosystem and stay tune to our new product launch #DeFi innovations have only just begun.
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@yuboruan
Yubo
2 years
The @Polkadot ecosystem is close to entering the top10 global chains TVL @DefiLlama ! Parallel alone would also rank 11th of all chains and we hope we see more Parachains in the top 15! I hope we'll see @AcalaNetwork on this list soon as then $DOT would already be in the top10!
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@yuboruan
Yubo
2 years
#Polkadot reached an important milestone today with the launch of XCM 🙌 XCM enables cross-consensus messaging, which allows secure communication between the 500+ chains, apps, and services in the #DOT ecosystem
@Polkadot
Polkadot
2 years
After passing community vote, v0.9.19 has been enacted on Polkadot. This upgrade included a batch call upgrading Polkadot’s runtime to enable parachain-to-parachain messaging over XCM and upgrading #Statemint to include minting assets (like NFTs) and teleports.
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@yuboruan
Yubo
3 years
Officially, we are larger than Binance’s volume after 1.5 month of launching @ParallelFi
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@yuboruan
Yubo
3 years
I'm very grateful to receive this award. Keep it up
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@yuboruan
Yubo
3 years
Latest update on Moonbeam: Our Moonbeam auto-distribution system is finally running and all parallel users will be able to receive GLMR in their provided ETH addresses
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@yuboruan
Yubo
1 year
To all our beloved community members and @ParaSpace_NFT ecosystem builders, I’d like to give you a quick update. To alleviate the unnecessary gas fee of our community in this incident, I’m willing to offer my own $100K to help cover the gas fees our supporting community lost
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@yuboruan
Yubo
3 years
We are waiting for Polkadot to open the Crowdloan registration, and after that, we are able to receive the contributions from
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@yuboruan
Yubo
3 years
After the Series A round, we become the largest raised project in the Polkadot space
@ParallelLabs_
Parallel Labs
3 years
📢 We just raises $22 Million in Series A Funding,which is leading by @polychaincap , The Largest Round In The Polkadot Ecosystem. @Polkadot @kusamanetwork
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@yuboruan
Yubo
2 years
Update part 2: I'm very excited to announce that we have just launched the First $DOT liquid staking product in the #Polkadot ecosystem Unbond your $DOT & stake it in our Liquid staking product to: ✅Earn higher yield ✅Unbond instantly ✅Use sDOT to maximize your yield
@yuboruan
Yubo
2 years
Update part 1: Anyone can now securely transfer DOT from @Polkadot Relay Chain to @ParallelFi 's Parachain and vice versa 🙌 What a great moment! 🤩🎉 Liquid Staking product launch to follow 🌊
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@yuboruan
Yubo
3 years
Parallel is currently positioned to win Slot 9. We have a ~65% chance of winning. If we secure 200.01 total KSM, that guarantees we win slot 10. Lets go Parallel community! @ParallelFi
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@yuboruan
Yubo
2 years
Great to see that @AcalaNetwork was added to "All chains TVL" ranking from @DefiLlama and as expected @Polkadot immediately reached the top 10! Together we are stronger #Dotsama and the top 5 is not far away!
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@yuboruan
Yubo
2 years
Even during market volatility, @ParallelFi will not stop working to build and provide our community with the best opportunities to win in the long run. We just launched our new website! Here’s a teaser of upcoming features for the Parallel and $DOT + $KSM community. Thread🧵
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@yuboruan
Yubo
3 years
$37.5M was raised over the last five days by the next four highest raised projects. Parallel Heiko is in contention for the remaining four Kusama parachain slots. Let’s keep up the momentum 🚀 Contribute now:
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@yuboruan
Yubo
2 years
Parallel is ranked No.28 on Global DeFi TVL according to
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@yuboruan
Yubo
3 years
We are working very hard on it and the GLMR distribution should be streamlined and automated tomorrow I also want to explain a bit more why it was delayed:
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@yuboruan
Yubo
1 year
A quick vlog update to our community
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@yuboruan
Yubo
3 years
Hey Parallel community, GM I want to add on something about the cDOT improvement and distribution
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@yuboruan
Yubo
3 years
We've heard the frustration accusing Parallel crowdloan of having “random whale” contributors. The truth is they are NOT random whales - they are well-known institutional investors who play an important part in getting an idea into a reality Here are some info we can disclose:
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@yuboruan
Yubo
1 year
For those who stayed through the chaos, there’s something for you soon
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@yuboruan
Yubo
3 years
New headshot for 2022 - new start.
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@yuboruan
Yubo
2 years
Brainstorming with apes. Something is cooking. #NFTs #DeFi $ETH @taipeicity_eth @veratheape @akdoteth @BoredApeYC
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@yuboruan
Yubo
2 years
Has anyone noticed this new feature yet? $DOT $cDOT @ParallelFi takes crowdloanDOT to the next level
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@yuboruan
Yubo
2 years
@ParallelFi aims to become the most used Liquid Staking protocol for $DOT. Network effect is key. The more people support this goal by staking their $DOT the more efficient our LS will be, the more value our protocol/$PARA will be.
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@yuboruan
Yubo
2 years
@ParallelFi is now ranked No. 12 on Global Chains TVL according to @DefiLlama Keep building, keep delivering, TVL will follow
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@yuboruan
Yubo
2 years
Parallel Finance is #35 in the global DeFi TVL rankings, at over $803 million. Grateful to the team & community for the hard work and support! Good start, more to come
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@yuboruan
Yubo
1 year
This is the second vlog for our community
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@yuboruan
Yubo
3 years
We have finished cDOT1 distribution and you will be able to use them in our DeFi ecosystem soon (AMM, Money Market, etc)
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@yuboruan
Yubo
4 months
Excited for the Parallel testnet to have reached a successful conclusion. - 142K accounts - 23M on-chain transactions - 129K contracts deployed I'm proud of the hard work and accomplishments from the team, and thankful for our incredible community. Early Access soon.
@ParallelFi
Parallel Network
5 months
1/ The parallel testnet event has come to a successful conclusion! The parallel testnet event involved 142K accounts, generating nearly 23M on-chain transactions, with about 129K contracts deployed. Thanks for your participation. Details:
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@yuboruan
Yubo
2 years
@ParallelFi Parallel will support USDT on Kusama thanks to the Tether launch
@Tether_to
Tether
2 years
#Tether USDt launches on @kusamanetwork 🚀 But what exactly is Kusama? Watch the video to find out more.
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@yuboruan
Yubo
2 years
For the benefit of our community and users, and to ensure full transparency, I would like to disclose some information about our relationship with Alameda Research.
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@yuboruan
Yubo
2 years
Update part 1: Anyone can now securely transfer DOT from @Polkadot Relay Chain to @ParallelFi 's Parachain and vice versa 🙌 What a great moment! 🤩🎉 Liquid Staking product launch to follow 🌊
@yuboruan
Yubo
2 years
For @ParallelFi users, this means that starting tomorrow, Parallel’s #DOT Liquid Staking goes LIVE Users can: ✅Stake $DOT & earn higher interest on our platform ✅Receive sDOT for DOT staked to stay liquid and unbond instantly ✅Use sDOT to earn more yield in our Money Market
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@yuboruan
Yubo
2 years
Not only our Liquid Staking product has seen strong growth since @Polkadot 's XCM launch, but also our money market. Did you know that you can lend your sDOT in our MM, currently get 60% APY and if you want use it as collateral and borrow $DOT or sDOT to stake and/or lend it?
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@yuboruan
Yubo
1 year
What a coincidence! I'm wearing the same jacket as Yuga's CEO @dalegre
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@yuboruan
Yubo
9 months
My goal with @ParallelFi is for people to connect easily across all chains, not by competing but instead aggregating liquidity and users together for everyone to win. Let's build the future of Web3 together.
@ParallelFi
Parallel Network
9 months
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@yuboruan
Yubo
2 years
I was honored to speak about the future of @Polkadot #DeFi at the biggest event of the year! Talked about a one-stop DeFi solution, creating and maintaining the best user experience, crowdloan service for the ecosystem, new features like cDOT + free liquidation loan & much more
@Polkadot
Polkadot
2 years
Live from @PolkadotDecoded 2022: tune in to hear from @ParallelFi 's @Yubo_Ruan as he discusses the future of @Polkadot #DeFi . To watch the talk online:
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@yuboruan
Yubo
2 years
A few more information about the listing: We were not(!) in contact with Kraken for the listing of $PARA. They are listing $PARA without our involvement. Will other exchanges follow?
@krakenfx
Kraken Exchange
2 years
New token available on Kraken ✨ 🔹 $PARA @ParallelFi Deposits begin NOW & trading will follow shortly 💪 * Trading is not available in US, CA, JP Learn more:
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@yuboruan
Yubo
2 years
I would highly recommend anyone building on or investing in #Polkadot and #Kusama to check out this post from @realjameswo and @DFG_OfficiaI . This is the exact right mentality to hold during times of uncertainty. Continue to build. Continue forward.
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@yuboruan
Yubo
1 year
Contributors at @ParaSpace_NFT , I write to make you aware of a pressing matter concerning our company. Two former consultants, Thomas Schmidt, and Jay Yao, have illegally obtained control of one of the protocol’s multisig and social media accounts. They did so by contacting key
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@yuboruan
Yubo
2 years
There are 3 very exciting events coming up this month that @ParallelFi will be attending: #Consensus2022 , #NFTNYC and #PolkadotDecoded . Which event are you most looking forward to, are you attending or would you like to attend? Write it in the comments 👇 $DOT $KSM $ETH
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@yuboruan
Yubo
3 years
Did you guys notice that a new investor join our Parallel family?
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@yuboruan
Yubo
1 year
We are bullish on @Polkadot 2.0
@csaint02
Csaint02 👑
1 year
1/ Meaningful enterprise adoption of blockchain has been elusive VCs, sure ETFs and Trusts, yup Hedge Funds, ofc But actual adoption of the tech has been a pipe dream - until now. Buckle up, Web2 innovators are finally coming But it's not how you'd expect...🧵
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@yuboruan
Yubo
2 years
Terrific last speech at the biggest event of the year by none other than @gavofyork ! I'm excited for what's to come. Polkadot's tech will surpass everything else even further than it already is! The future is #Multichain , the future is #Polkadot
@Polkadot
Polkadot
2 years
Right now at @PolkadotDecoded , NYC stage🇺🇸 Tune in to the last talk of the conference: hear Polkadot founder @gavofyork with a keynote on XCM v3 and what's next for the Polkadot and @kusamanetwork ecosystem. Watch the talk online:
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@yuboruan
Yubo
2 years
What has happened with @ftx_official in the last couple of days is a tragedy to the whole crypto industry. However, it has once again reminded us of why we are trying to build a new financial system from ground up in the first place.
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@yuboruan
Yubo
3 years
We are working on the "My Reward" page on our crowdloan product. After we launch this function, users are able to check their HKO rewards and other project rewards through our product. Checkout
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@yuboruan
Yubo
1 year
When I started Parallel Finance, I wanted to bring Web3 to 1 billion people. Since then, we have made incredible progress with @ParallelFi and @ParaSpace_NFT . I’m excited to share the next step towards that goal: Parallel Finance and ParaSpace will merge and rebrand to ParaX.
@ParallelFi
Parallel Network
1 year
Introducing ParaX 🌐 ParaSpace and Parallel Finance are merging and rebranding to create ParaX, a broader, omni-chain platform that encompasses both products. With this, ParaX will become a Web3 super app powered by account abstraction and zkVM.
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@yuboruan
Yubo
3 years
I’m excited to announce that Parallel has had over 164k active users since we launched. Appreciate all our loyal user’s support. Remember our mission is to bring DeFi to 1 billion people. This is a great step forward for our 9-month old startup.
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@yuboruan
Yubo
2 years
Even in this #bearmarket I'm convinced in #TINA to #crypto in the long run. There. Is. No. Alternative. I guarantee the @ParallelFi 's Community, our team won't stop working, won't stop building and won't stop delivering great products for a better future. We are here to stay.
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@yuboruan
Yubo
3 years
New Acala x Parallel crowdloan partnership is about to happen. Surprise coming soon! @ParallelFi
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@yuboruan
Yubo
3 years
1) Have you ever wondered how to make DOT or KSM staking easier? Three major frustrations:
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@yuboruan
Yubo
3 years
Parallel v2 website launch. @ParallelFi
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@yuboruan
Yubo
2 years
Still impressed from the first day of #PolkadotDecoded ! Thanks to @MoonbeamNetwork for the great organization in #NYC and thanks to all the interesting speakers! Here are some impressions and I'm looking forward to the second day of the biggest $DOT event of the year!
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@yuboruan
Yubo
2 years
I'm very excited to announce to the $KSM community that our Referendum 196 has passed. In addition, Referendum 197 also passed, allowing us to support $USDT on our Kusama Parachain once these proposals got executed succesfully.
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@yuboruan
Yubo
3 years
We are super excited to announce a new strategic round led by @sequoia and @foundersfund at $250m valuation. At the same day, the TVL of our platform @ParallelFi just exceeded $90m mark!
@CoinDesk
CoinDesk
3 years
NEW: VC giant @sequoia is making good on a pledge to increase its crypto investments, co-leading a strategic round in @Polkadot DeFi project @ParallelFi . @realDannyNelson reports
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@yuboruan
Yubo
2 years
Total Value Locked in @ParallelFi 's protocol hold the line at 549M$ even in this market situation. Ever wondered what Parallel Finance's TVL is made up of? Check it out on and click on the products for more info. More produtcs to come. $DOT $KSM $ETH
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@yuboruan
Yubo
3 years
Did you guys know over 40% of all @Polkadot crowdloan comes from either @ParallelFi or @binance
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@yuboruan
Yubo
3 years
Parallel Finance is not just backed by the best investors in the world. We are shipping 7 products very soon - remember we are just 10 months old.
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@yuboruan
Yubo
2 years
In less than 2 weeks, the pre-deposit period for the long-awaited $APE Staking will begin if no critical bug is found. Here’s what to expect from $APE Staking and how NFT Financialization can potentially help the #BAYC community maximize their staking yield 👇🧵
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@yuboruan
Yubo
3 years
1) On Polkadot, DOT unstaking takes 28 days; On Kusama, KSM unstaking takes 7 days; On Parallel, unstaking takes 0 days. How did we do this?
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@yuboruan
Yubo
1 year
A massive whale has just injected a staggering 2 million USDT into the @ParaSpace_NFT ecosystem! Thank you for your unwavering support and belief in the future of decentralized finance. Together, we'll redefine possibilities and transform the way we interact with money.
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@yuboruan
Yubo
3 years
@ParallelFi latest market dominance shows that we are now at 70% of @binance contribution to DOT crowdloan
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@yuboruan
Yubo
3 years
I’m very excited to be part of @Sequoia ’s crypto family. It is an incredible honor to be included with some of the greatest entrepreneurs in the blockchain space.
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@yuboruan
Yubo
6 months
Been focused on building great strategic partnerships with @ParallelFi . This week announcing: 1. @UltiverseDAO 2. @PythNetwork Excited to share more soon
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@yuboruan
Yubo
2 years
They did market-making for us and we ended the relationship a month ago. They have returned all tokens to us. We have no further business with Alameda. We hope that all those affected by this terrible situation are doing well and are safe!
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@yuboruan
Yubo
2 years
Clear result of the last poll which ecosystem has the biggest potential between $ETH $DOT $SOL and $BNB! I've seen many comments mentioning $ADA and $ATOM, so let's take a final poll to choose the community's favorite! Which ecosystem has the most potential in the next years?
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1125
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@yuboruan
Yubo
3 years
New function just lived. @ParallelFi You can check the top5 parachain crowdloan data now on
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@yuboruan
Yubo
3 years
Had a great dinner with @WatanabeSota in SF. Let’s work on something great together @AstarNetwork @ParallelFi
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@yuboruan
Yubo
2 years
This is great news. As one of the most widely-known & highest-volume exchanges, @Coinbase will open the door for a new wave of potential $KSM holders. New holders ➡️ new people interacting with the #Dot sama ecosystem.
@CoinbaseAssets
Coinbase Assets 🛡️
2 years
New Asset: Coinbase will add support for Kusama (KSM). Inbound transfers for this asset are available on @Coinbase & @CoinbaseExch in the regions where trading is supported.
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@yuboruan
Yubo
2 years
According to Defillama, Parallel is the largest Parachain by TVL (including Liquid Staking TVL) on Polkadot
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@yuboruan
Yubo
2 years
Great work team! We are probably the first Parachain to integrate ledger. Now, you can use Parallel apps with ledger dev mode
@ParallelLabs_
Parallel Labs
2 years
Eagle-eyed Parallel users have already noticed something 🆕👀 @Ledger Wallet support is available in dev mode! 🔥 Note: 🔹We're in dev mode 🔹While functional, we are making final tweaks for official launch 🔹Use w/ discretion 🔹DM if you see bugs 📚:
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@yuboruan
Yubo
3 years
Japanese dinner 🍲
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@yuboruan
Yubo
1 year
$5M TVL boost today 👀 @ParaSpace_NFT
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@yuboruan
Yubo
2 years
Big day today for @BoredApeYC 👀 LFG
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@yuboruan
Yubo
2 years
Despite the fact that markets are currently down, the fundamentals behind #Bitcoin , crypto, & #DeFi remain strong. The conversation about crypto & the development of infrastructure continues, and summits like this one bring us all one step closer to global crypto adoption
@nayibbukele
Nayib Bukele
2 years
Planting seeds in 44 countries. 3 days to go… #Bitcoin is good for the world 🌍
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@yuboruan
Yubo
3 years
We haven't announced anything but there are over 12,000 DOT went through our platform! Insane
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@yuboruan
Yubo
1 year
Protect @parasapce . Protect users. Stand with @yuboruan against malicious takeovers
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@yuboruan
Yubo
1 year
谢谢好兄弟的支持,我们会继续努力带领行业发展,做到更新的高度
@Christianeth
Christian2022.eth
1 year
目前来看, @ParaSpace_NFT 的风波已经进入尾声了。这段时间和 @yuboruan 进行了很多沟通,这次危机完美解决后,更加坚信他能够带领项目和NFT-fi的市场进入新的高度。这几天陆陆续续又存了不少eth进去,套利套的很爽,还能领不少后面的空投。一路走来,化解了如此多有惊无险的灾难,今后会越走越顺🛫️
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@yuboruan
Yubo
3 years
Over 3M DOT ($150M) contributed to Moonbeam through @ParallelFi Amazing achievement!
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@yuboruan
Yubo
3 years
Some updates on AMM. We are launching it by the end of February. First on Heiko and second on Parallel. Here is the dev-environment link:
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@yuboruan
Yubo
3 years
I’d like to review my previous tweet about XCM from Saturday. After some reflections, I realized I needed to clarify my thoughts.
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@yuboruan
Yubo
9 months
Excited to launch @ParallelFi 's developer mainnet and solve liquidity dispersion across chains. Developers can now build applications on Parallel and capture omni-chain liquidity. We will also work with other chains to unify liquidity everywhere and for everyone. Whitepaper:
@ParallelFi
Parallel Network
9 months
1/ The Parallel mainnet is now open for developers! Parallel is the first omni-chain L2 blockchain built on @arbitrum that unifies liquidity from any chain into one place. One account. Instant liquidity. Across any chain. Get started: More info 👇
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@yuboruan
Yubo
3 years
My new apartment is ready to go ☝️☝️
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@yuboruan
Yubo
3 years
New feature launch. Now you can see @ParallelFi market share growth in the @Polkadot crowdloan space.
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@yuboruan
Yubo
2 years
Going to speak at Harvard Forum this Saturday. Looking forward to it @AndrewYang @ysiu @MichaelWuAmber
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@yuboruan
Yubo
10 months
We are still working in our SF office. Just want to give a quick update to our community @ParaX_ai @ParallelFi 1. Parallel/ParaX is one dynamic brand. ParaX is now Parallel (only a name change). 2. Apologies for the LTV confusion - fixed! 3. Pudgy Penguins Oracle & LTV
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@yuboruan
Yubo
3 years
Our team (64+ people) is working very hard on the new product launch on Heiko network!
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@yuboruan
Yubo
7 months
Building @ParallelFi 's new account abstraction (AA) wallet for easier asset management and app use!
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@yuboruan
Yubo
7 months
Great to bring on @KelpDAO to enable rsETH deposits and native staking to Parallel Network. Kelp and Parallel users can earn a 1.5x bonus on both Kelp and Parallel points during Early Access.
@ParallelFi
Parallel Network
7 months
Parallel Network x Kelp We're thrilled to partner with @KelpDAO to bring rsETH deposits and native staking to Parallel Network's omni-chain L2. By supplying rsETH during Parallel's Early Access, users can earn a 1.5x bonus on both Kelp and Parallel points.
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@yuboruan
Yubo
2 years
Bullish on @yugalabs , bullish on @apecoin special council, congrats again @BoredApeG 🔥🔥
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@yuboruan
Yubo
1 year
Weekly product update @ParaSpace_NFT
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@yuboruan
Yubo
3 years
I believe you can achieve anything you dream about
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@yuboruan
Yubo
3 years
We are going to enable project listing in an open friendly way within 3 weeks.
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@yuboruan
Yubo
2 years
Alameda invested $500k in @ParallelFi 's Series A round. It represents less than 2% of the total funding we have raised. Alameda's tokens have a lock-up period of 4 years in total.
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@yuboruan
Yubo
3 years
This is insane - our platform get 1k DOT per min from the community! @Polkadot @ParallelFi
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