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Parrot (PRT)

ICO

Parrot is a liquidity network for borrowing and lending.

IMPORTANT: By investing in this business you agree to our Disclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice.

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Overview

Project industryFinance Services & Banking
Product typeDeFi

What is Parrot

The Parrot Protocol is a DeFi network built on Solana that will include the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM. These are all use cases designed to solve one single problem: making value locked in DeFi systems accessible.

The Parrot Protocol is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP tokens.

Details

Public sales: Sep 14, 2021 - Sep 18, 2021
Token supply: 21,000,000,000 PRT
Total tokens for sale: 2,100,000,000 PRT
Raised: 5,000,000 USD

Legal

Blockchain Platform: Solana
Registration year: 2021

Token info

Ticker: PRT
Accepted currencies: USDC
Token distribution:
Protocol incentives: 35%
Team & Angels: 20% (1–3 year lockup)
IDO: 10% Ecosystem & Partnerships: 10%
Seed: 20% (1–3 year lockup)
Protocol Controlled Reserve: 5%

Social media

Parrot web-siteParrot MediumParrot TelegramParrot TwitterParrot Discord

User rating:

5/5 ( 1 )
12

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