Skip to main content

How does Parasail work?

image
  1. Pool:
    • Node operators contribute compute resources to record service information on-chain.
    • Delegators stake assets into Parasail’s delegation pools.
  2. Delegate: Funds are allocated to infra providers as collateral, tied to SLAs monitored by Parasail nodes (e.g., 99.9% uptime).
  3. Slash: Providers who underperform are slashed by either Parasail nodes or their native protocols, which can be redistributed to users for alternative services or compensations.
  4. Reward: Providers pay fees to use Parasail’s trustless services; node operators and delegators earn a share of the revenue.

On-Chain Transparency: All SLAs, penalties, and provider performance metrics are publicly verifiable on blockchains.

Business Model

  • Revenue Streams:
    • Provider subscription fees.
    • Transaction fees for using Parasail-issued tokens.
    • Penalty for liquidation of provider assets.
    • Integration grants from decentralized infra protocols.
  • Costs: Rewards paid to delegators and node operators.