Parasset Protocol (incubated by NEST LABS) will conduct ITO Voting, INO and IDO on Mask, Pacific and DODO

Parasset
2 min readOct 15, 2021

We are pleased to announce that Parasset will conduct Mask ITO voting, Pacific INO and DODO IDO on October 15th, 20th and 21th. (0.5% of total supply will be released = 500,000 ASET)

*Once the voting has passed, the actual Mask ITO event will be on the BSC NETWORK along with the Pacific INO and DODO IDO.

About Parasset

Parasset is a new type of collateralization lending/synthetic asset protocol, which is open to all on-chain protocols consisting of native assets and creates new platform services for all kinds of on-chain assets. Users can mint p-assets, such as pETH, pUSD on Parasset by collateralizing NEST/ETH, etc.

Parasset combines some features from both MakerDAO and Liquity. It can collect revenue through the stability fees like in MakerDAO, while it has an Insurance Pool which plays a role similar to the Stability Pool in the Liquity, making the risk control even better. Parasset uses fully decentralized oracle NEST, making it contain unique applications for price quotation miners.

The Insurance Fund keeps the parallel assets and the underlying assets in a 1:1 equivalence relationship. The increase in the size of the pool reinforces the anchoring of the value of the parallel assets to the underlying assets.

Token Name: ASET

Token Address (BEP-20): 0x591aaadbc85e19065c88a1b0c2ed3f58295f47df

Event Details

Mask Voting

Time: 2021/10/15 11:00–2021/10/16 23:00 SGT

Complete Guide to Mask:

https://realmaskbook.notion.site/realmaskbook/An-In-Complete-Guide-to-Mask-Network-3ce8000d37a74f9fb449e1d97ea4eddb

How to cast a Snapshot vote:

https://realmaskbook.notion.site/Cast-a-Snapshot-vote-4ba42d31d00647d782ff431e8fe986d2

Pacific

Time: 2021/10/20 20:00 SGT

INO Total Amount: 100,000 $ASET (50,000USDT)

Announcement Link: https://medium.com/pacific-nft/pacific-x-parasset-reached-cooperation-to-open-phase-4-ino-9c4806436071

How to join (The Tutorial is for the HECO NETWORK):

https://medium.com/pacific-nft/how-do-i-switch-to-heco-chain-and-buy-ino-nft-cards-on-pacific-56f62e565887

*Please note that the Pacific INO Tutorial is for the HECO NETWORK, but the actual event will be hosted on the BSC NETWORK. Therefore users should change many things while they are actually doing it. The purpose of the article above is to give the users a general guide of switching networks and participating INO.

DODO

Time: 2021/10/21 20:00–2021/10/22 20:00 SGT

IDO Total Amount: 200,000 $ASET (100,000USDT)

Announcement Link: https://community.dodoex.co/t/introducing-the-parasset-aset-crowdpooling-on-dodo-bsc-on-october-21th/9266

How to join​:

https://dodoexhelp.zendesk.com/hc/en-us/articles/900005558283-How-to-Join-a-Crowdpooling-Campaign-

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Parasset

Parassets such as PUSD, PETH, PBTC are generated by protocol collateral and anchor the underlying asset with an intrinsic value of 1:1 http://t.me/parasset_chat