Parrot Reviews

Parrot Description

The Parrot Protocol, a DeFi network built upon Solana, will include the stablecoin PaI, a non custodial lending market, as well as a margin trading platform vAMM. All these use cases are designed to solve a single problem: making value in DeFi systems available. Today, billions of dollars worth of value are locked away in hundreds of DeFi systems. These tokens can be converted into different yield-generating tokens such as the Uniswap LP tokens or the AAVE interest bearing tokens. These LP tokens have very few uses. Because of their opaque risks and unsuitable units of account, the value locked in DeFi as DeFi LP tokens is inaccessible. The Parrot Protocol aims to make the value in LP tokens more accessible by creating a liquidity & loan network that is collateralized by these LP coins. Create a margin trading product (virtual AMMM) using PAI for the common unit.

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Company Details

Company:

Parrot

Website:

parrot.fi/mint/

Media

Product Details

Platforms

SaaS

iPhone

iPad

Android

Type of Training

Documentation

Customer Support

Online

Parrot Features and Options

Crypto Lending (DeFi) Platform

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