Few days ago, I got a message from a Parallel Finance community member about my name being included in the list as one of the winners of Parallel Finance’s Learn and Earn program.

So, I got the feeling that Parallel Finance’s Ambassador Program was now over.

Parallel Finance Discord announcement and I am a winner too earning rewards from Parallel Finance’s Learn and Earn Ambassador program.

In April of this year I started writing articles for Parallel Finance Super DEFI App as an ambassador spreading awareness about this active parachain of the Polkadot Network.

Parallel Finance’s 2nd Ambassador Program comes to an end, rewarding a portion of active Ambassadors for their contribution in educating and spreading the word about Parallel Finance

Last month, I wrote an article on the growth I experienced as a Parallel Finance Ambassador. That time I did not know it would be my last article before the Parallel Finance’s Ambassador Program ended, but that’s what it turned out to be.

500 Para and HKO rewards for me from Parallel Finance that’s concluded its 2nd Ambassador Program!!

I am glad I could share my story of personal growth being a Parallel Finance Ambassador before ending this phase of my 
ambassador journey.

The article had my composed song about the Super DEFI app… concluding with my personal understanding of the Parallel Finance Super DEFI App.

              The song I composed on Parallel Finance — ‘Enter the Super Defi App that’s Parallel Finance’

I never thought I would win anything being a Parallel Finance Ambassador because I was only aware that those who reached diamond level earning 7031 points as ambassadors get perks, so I had no expectations of earning any Para tokens.

So, imagine my delight when I saw on the list of ambassadors that I was rank 68 out of 222 ambassadors, and I have earned 500 Para and 500 HKO tokens for being an active bronze level ambassador for Parallel Finance.

Rewards for Parallel Finance Ambassadors. I get 500 Para + HKO tokens as a deserving hard working bronze level Parallel Finance Ambassador

Crypto token rewards of Para and HKO for deserving Parallel Finance Ambassador

Initially, I started by writing articles on Parallel Finance, but later I created infographics to explain aspects of Parallel Finance. I ended up making a song for the Parallel Finance platform because I got so familiar with some of the major services Parallel Finance offers.

Yup, I worked hard for my Parallel Finance articles, but I was not expecting token rewards, that too of HKO tokens which is a token of Parallel Finance’s platform on Kusama, Parallel Heiko.

Parallel Finance’s Para token, whose tokenomics I intend to cover in another article!!

So, I was very happy to get 500 Para and HKO tokens for all my work as a Parallel Finance Ambassador.

Glad my engagement was with a genuine Web3 protocol as a Parallel Finance Ambassador

In the end, I am more glad to have built an association with Parallel Finance, as it turns out that this one stop Super DEFI App hub in Polkadot is a genuine protocol offering valuable web3 services to the #Dotsuma and the crypto community.

I had plans to talk about Parallel Finance’s Para token’s tokenomics, about the security audits conducted on the protocol and the bug bounty events Parallel Finance conducted to ensure that the platform stays secure, but alas, now the Parallel Finance’s Ambassador Program is over.

Para and HKO tokens will now be a part of my crypto Portfolio

These 500 Para and HKO tokens will be part of my crypto portfolio. Being a crypto token of a solid web3 parachain protocol that is bound to get adopted by millions of users, these rewards are very valuable for me.

These are tokens I earned and are not airdrops of some hot project to make money from pumps and dumps.

This is the first time I ever got so many crypto tokens of a promising web3 project, else as a small retailer I hold very less crypto.

Watched major functionalities of Parallel Finance get initiated during my time as a Parallel Finance Ambassador

Since the time I started writing about Parallel Finance, I have watched so many features come live in this Super DEFI App that makes it stand out!!

My created infographic showcasing major functionalities of Parallel Finance Super DEFI App

Parallel Finance’s Crowdloan Module, will always be useful for the #Dotsuma community, who are looking to contribute DOT to Polkadot’s Parachain crowdloans.

Parallel Finance’s Money Market Module will be a great way to earn some yields by lending crypto. Of course, we have the DEX swapping functions which is useful for us DEFI users and LP providers.

Parallel’s Liquid Staking module is very valuable for DOT holders to earn staking rewards and use that liquid DOT(sDOT) to earn further yields in DEFI.

My created infographic explaining sDOT, that’s liquid staked DOT derivative of the staked DOT deposited on Parallel Finance’s Liquid Staking Module

Parallel Finance offers payment functions with the Stream Module, a useful platform for scheduling automatic payments periodically.

Add to this, Parallel Finance keeps developing more useful features bringing out new functionalities, so it’s definitely a Super Defi App, adding lot of value particularly to the #Dotsuma community.

Everybody is a winner as a Parallel Finance Ambassador

Parallel Finance also has a buzzing community, motivated to work hard to educate others about the platform because they are rewarded for it.

This reminds me of a motto, that everybody can be a winner in a community where we strive to learn together and grow.
Parallel finance is building in the bear market, so developers are active, but so are the community learning and spreading the word about the platform.

Everybody stands to benefit by engaging in some capacity as a Parallel Finance Ambassador, that’s what is my take away.

Web3 offers many avenues to earn crypto!!

Another takeaway is that web3 offers immense opportunities for everybody to engage in something.

Now crypto is not just for trading to make profits, it’s also about the use case(utility) of a web3 protocol which gives crypto real value . So, earning cryptos engaging in some way in the Web3 space is always a very valuable earn. Now is the phase of Blockchain adoption as Web3 protocols find adoption getting utilised by masses of users.

So, those who are engaged in promising projects in the Web3 space in whatever capacity that suits them be it as a developer or educator have good prospects of earning substantial value in future.

Another way of benefiting from the web3 space besides making portable trades

So crypto enthusiasts, who are passionate about Blockchain, crypto but are not able to be profitable traders, can still learn about the web3 space and find opportunities to earn. The process may be a slow one, and rewards come later but patience and perseverance is the key!!

You will definitely get a load of valuable insights on the Web3 field which will be beneficial as with those insights we all grow and evolve as a more experienced and polished crypto/blockchain enthusiast who can find lucrative work in the Web3 space tomorrow!!

Web3 is an opportunity of a lifetime.

There are many projects with valuable use cases that are going to be adopted by the world’s population in the coming years. So hop on board and start browsing the Web3 space now. You may find something you can engage in and earn cryptos or some other form of money.

The valuable insights you gain will grow your knowledge and drive you to improve your skill set in a similar incredible fashion crypto prices shoot up when they make those charging bull runs giving crypto holders incredible gains!!

For me, learning about web3, crypto and Blockchain remains to be a very enriching, lively and engaging experience growing my insights, knowledge and skill set by miles!! Pretty grand!!

Parallel Finance can count me in again for its 3rd Ambassador Program

Well… I will keep checking out Parallel Finance as it grows and evolves with more exciting features. This Super DEFI App already has more functions than what I knew last because new features and functionalities keep getting introduced in the protocol from time to time.

Although my journey as a Parallel Finance Ambassador has ended for now, by no means is it not going to continue.

Very soon, the 3rd Parallel Finance Ambassador program will begin, and I will definitely be part of the program to spread the word about Parallel Finance and educate others …

I want to explore the tokenomics aspect of Para token as it’s very important for Para holders like me as I intend to hold and grow my 500 Para and HKO rewards. I obviously want to delve further into the actual prospects of these tokens growing in value in future because of the sound fundamentals of the Parallel Finance project and it’s tokenomics.

See you all again as a Parallel Finance Ambassador in another article.

Enter The Super DEFI App that’s Parallel Finance here -
https://parallel.fi/

Parallel Finance Channels and Resources

Twitter — https://twitter.com/ParallelFi

Discort — https://discord.gg/DeyEntFT

White paper — https://parallelfi.gitbook.io/parallel-finance/polkadot-network/white-paper

Thanks for reading!!