Secured Finance today announced a strategic partnership with leading DePIN staking solutions provider Parasail. This collaboration will integrate the strengths of both parties to offer innovative financial service solutions for the Filecoin ecosystem.
As the core of the collaboration, Parasail's liquid staking token (pFIL) will be used as collateral on the Secured Finance platform. This integration will significantly enhance the asset liquidity of Filecoin stakers while bringing new development opportunities to DePIN projects.
Secured Finance CEO Masa Kikuchi stated that this partnership will promote the deep integration of stablecoin protocols with staking infrastructure, creating more value for DePIN and AI projects. Parasail co-founder Sylvan also emphasized that, as a leading staking solution with a current locked value of over 70 million dollars, the collaboration with Secured Finance will provide stakers with richer application scenarios.
Both parties will jointly launch a series of community activities and incentive programs to promote the adoption of DeFi and staking solutions in the Filecoin ecosystem. This collaboration marks an important step for decentralized finance in supporting the development of the DePIN and AI ecosystem.
The collaboration integrates Parasail's staking solution with Secured Finance's lending and stablecoin (USDFC) protocol, aiming to provide more comprehensive financial infrastructure support for DePIN projects.