# Parabol on Scroll 📜

By [Parabol](https://paragraph.com/@parabolfinance) · 2024-03-12

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We’re excited to announce Parabol's launch on [Scroll](https://www.scroll.io).

You can reserve your liquidity through our soulbound tokens and get access to paraUSD on Scroll through our [website](https://parabol.fi).

Our native stablecoin paraUSD will bring high-yields to savers and liquidity providers. We offer savers significantly higher rates compared to the risk-free rate. Top liquidity providers may earn yields up to tenfold using our reward program. Our method for generating yield is designed to be entirely risk-free, solely using Treasury Bills and cash.

**Why Scroll?**

We're inspired by Scroll's innovative technology and its impressive growth. We believe Scroll presents the perfect platform for our expansion into L2s.

**How is the soulbound token allocation for users calculated?**

Soulbound token allocation is determined by the current spot value of your wallet in conjunction with a function of your decentralized exchange (DEX) volume on Scroll.

![](https://storage.googleapis.com/papyrus_images/46459234ff0a217a01e0beeba188e51b361c973ec7b0c1d37601e08c55262bc9.png)

Claim your soulbound tokens here, select Scroll using dropdown on [https://claim.parabol.fi](https://claim.parabol.fi)

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*Originally published on [Parabol](https://paragraph.com/@parabolfinance/parabol-on-scroll)*