Introduction

With the Solana blockchain riding the wave of rising popularity, and IDO platforms progressively gaining recognition over the past year, there is a pressing demand for community-governed methods of raising capital for blockchain enterprises. For this purpose, we bring you Parasol Finance.

Parasol Finance will be the premier community-governed IDO platform built on Solana that caters to the needs of both projects and investors above all else. Parasol is an ecosystem that helps investors diversify their decentralized finances (DeFi). With the aim of making investing in the future of DeFi accessible and easy to use for everyone, Parasol offers its token, ($PSOL).

The key advantage of owning Parasol tokens ($PSOL) includes governance rights of voting for and participating in IDOs and much more in the future. Our platform will be an integral part of bringing both existing and new protocols into the Parasol ecosystem. We will be the gateway for investors and community members to get into the early stages of a project’s development in a decentralized manner. In this process, Parasol and its token $PSOL will become a base for enabling more growth with the community, partners, and the Solana ecosystem.

What makes Parasol Finance Unique?

Our team at Parasol recognized that a launchpad would require a delicate balance of interoperability, governance, efficiency, scalability, and speed. For this reason, the Parasol ecosystem includes;

  • Launching an ecosystem that allows users to mint and AirDrop their tokens.

  • Launching a platform that can create NFTs in Solana.

  • IDO launchpad for decentralized fundraising.

  • As PSOL holder you will be able to vote on the platform.

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