Introduction

Parabola Fi is an automated market maker (AMM) or exchange that allows users and other decentralized protocols to trade between different stablecoins with very low slippage compared to other AMM solutions.
Parabola Fi is a fork of Ellipsis Finance; the two projects have much in common, however there are some differences.
Slippage refers to the difference between the expected price of a trade and the price at which the trade is executed.
Similar to Uniswap or PancakeSwap, Parabola uses liquidity pools for their markets and offers rewards to those who supply liquidity, also known as liquidity providers. A small fee is charged for every trade on Parabola, and a portion of this fee is split evenly between all liquidity providers. 
Trading fees are split evenly (50/50) between liquidity providers and vesting PRB, stakers and lockers.
Services
Swap – protocol initially supports swaps between DAI-USDC-USDT (the Parabola 3pool).
Farm – provide liquidity to earn PRB.
Stake – PRB stakers and lockers receive trading fees as well as the PRB penalty revenue.
Trading Fees
Parabola trading fees are 0.04%. 50% of the trading fees are distributed to liquidity providers in the pools where the trades happen. The other 50% is distributed to vesting PRB, stakers and lockers.
Features
Decentralized – everyone with internet access can participate.
Non-custodial – minimal trust cost, users always have ownership over their crypto assets.
DAO governance – Parabola is committed to implementing a decentralized governance and an open source ecosystem where the community has full autonomy.

Parabola Fi

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Getting Started

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Contents

Services

Trading Fees

Features