Every share you have ever owned was two assets stapled together. The price, and the income it throws off. For a hundred years you had to take both. Buy Apple, you get Apple’s dividends whether you wanted them or not. Want the dividends without the exposure? You couldn’t. Want the exposure without the dividends? Also no. PARE takes them apart. Deposit a tokenized stock, get two tokens back. One is the price with the dividend cut away, so it trades under spot and redeems the full share at maturity. The other is the dividend on its own, with zero price risk. Buy the half you actually wanted. Sell the half you didn’t. Put them back together into the original share any time, for free, forever. That last part is the whole design. The free merge is your exit no matter what happens to us, and it’s what keeps both halves honestly priced. Every dividend that trades on its own, on any chain, trades here. We’re the only place that exists. That’s not a boast, it’s just where the category is right now, and we intend to still be saying it when it’s crowded. AAPL, SPY, QQQ and PFE live. No emissions, no lockups, no staking contracts. The contracts can’t be upgraded and the fees were fixed at deploy, so we can’t raise them on you later. Protocol fees buy and burn $PARE. Ca: 0x15d36B6A28d8327ABc7aFABF0F106AE2c9Af5C4d parestocks.com

Nearly half a million dollars has been split and traded on PARE. $116k split into pieces: stocks into the share and its dividends, dollars into the dollar and what it earns. $369k traded through our pools. Three weeks ago we posted 9,200 swaps. Today it’s 13,728. We’re early. We’re small. And we’re getting bigger every week, one split at a time. parestocks.com/numbers

Log in to PARE with your email. Export your private key whenever you like. Or skip all that and connect your own wallet. Either way, what you hold is yours. Not ours.

Fun fact from the chain. Most of the trading in our pPFE pool isn’t people opening PARE. It’s Pfizer traders. When a route through pPFE is cheaper, aggregators and arbitrage bots take it. About three quarters of the pool’s volume since mid-September came in trades that also touched Pfizer’s own pool. Nobody asked them to. The price was just better.

In 1985 the US Treasury let Wall Street pull a bond apart. The interest payments on one side. The principal on the other. Each one traded on its own. They called it STRIPS, and it still trades every day, 40 years later. PARE does the same thing on-chain. Stocks: the share and its dividends. Dollars: the dollar and what it earns. Same idea. Different century. 😎

Stock tokens trade 24/7. Dividends still show up four times a year. Unless you sell them early. On PARE, yPFE is every Pfizer dividend until December 2027, as a token you can sell today. Keep the stock exposure, take the cash now.

Real question, no wrong answers: If you’ve looked at PARE and not tried it yet, what stopped you? Too complex? Wrong chain? Not enough liquidity? Something else?

31 March 2027. Every pUSDx and yUSDx is built around that one date. pUSDx pays one dollar of sUSDx on it. yUSDx collects everything sUSDx earns until it. One date. Two ways to hold it.

PARE in three lines: Buy at a discount: pay less than a dollar today, get a dollar of sUSDx on the date. Buy the yield: pay a little for whatever a dollar earns until then. Split: turn sUSDx into both pieces, keep one, sell the other. parestocks.com

Two things you can always do on PARE: Hold both pieces? Merge them back into sUSDx, any day, no fee. Hold to the date? On 31 March 2027, pUSDx redeems and yUSDx claims what it earned. No lockups dressed up as features.

How to buy the yield on PARE, as explained by our logo. Pick the yield. Pay with USDC. Choose an amount. Hit Buy. You’re in. 😎

Already hold sUSDx? Split it on PARE. You get pUSDx and yUSDx. Keep the piece you want, sell the other. Change your mind? Merge them back any day. No fee.

Every yield product sells you the same bundle. A dollar, with whatever it earns stapled on. We took the staple out. pUSDx is the dollar. yUSDx is what it earns. Hold one, both, or neither.

The router behind Buy the yield has been through its audit. 0 critical. 0 high. 0 medium. 0 low.
9 informational notes: 8 fixed, 1 acknowledged. The report's live, and so is the router! parestocks.com/audit

Pashov Crew x Pare 🤝🫡

Approved! Thanks for the quick turnaround @Uniswap

Every dollar does two jobs. It sits there, and it earns. Now you can buy the second job on its own. One yUSDx collects what a dollar of sUSDx earns until 31 March 2027. Live on Ethereum. parestocks.com

Chapter 2, week one. → Fixed rates on dollars, live
→ The yield side, live. Buy it or sell it back in one transaction
→ Every contract verified on Etherscan
→ Submitted to Uniswap for routing
→ $51k in on Ethereum Week two starts now!

Submitted. 📨 Our pUSDx pool’s hook has gone to @Uniswap for routing review. If it’s approved, swaps in the Uniswap app can route straight through our pUSDx/sUSDx pool. Anyone on Uniswap could swap into the fixed rate without ever opening PARE. More flow for the pool, more fees for the people providing liquidity in it. We’ll let you know when we hear back. 🤞

You've got $1,000 of sUSDx and it's five months until March. Do you: 
A) Lock a fixed rate and know exactly what you'll have 
B) Buy the yield and ride whatever rates do 
C) Put it in the pool and earn the fees All three are live on PARE. Which one are you taking? 👇

The yield side is live. 🟢 yUSDx is everything a dollar of sUSDx earns until March 2027, without the dollar. It costs a few cents and pays out in sUSDx as the yield comes in. Think rates are going up? Buy the yield. 
Think they're coming down? Lock a fixed rate. 
Changed your mind? Sell it back. Both sides of the trade, live on PARE. 😎