Announcing Parrot: A Liquidity Network for Lending & Borrowing

Published on: 30.04.2021

 

Parrot are excited to announce the Parrot Protocol, a liquidity network for lending and borrowing built on Solana that will include the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM.

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

 

What is Parrot? 

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.

 

About Solana:

Solana is a fast, secure, and censorship resistant blockchain providing the open infrastructure required for global adoption.

 

INFO:

https://gopartyparrot.medium.com/announcing-parrot-a-liquidity-network-for-lending-borrowing-a5c2e4eae3f9

Market Stats:
BTC Dominance: 63.85%(-0.21%/24h)
ETH Dominance: 9.37%(+0.06%/24h)
Defi Market Cap: $109.09B(-6.02%/24h)
Total Market Cap: $3286.01B(+0.83%/24h)
Total Trading Volume 24h: $77.81B(-8.70%/24h)
ETH Market Cap: $307.8B
Defi to ETH Ratio: 35.44%
Defi Dominance: 3.2%
Altcoin Market Cap: $1188.03B
Altcoin Volume 24h: $42.16B
Total Cryptocurrencies: 34800
Active Cryptocurrencies: 9662
Active Market Pairs: 104116
Active Exchanges: 824
Total Exchanges: 10526
BTC: 105559.77$(-0.01%/1H)
ETH: 2552.36$(0.2%/1H)
AVAX: 19.09$(-0.08%/1H)
BNB: 647.45$(-0.1%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.63$(0.16%/1H)
DOT: 3.79$(0.22%/1H)
UNI: 7.16$(0.33%/1H)
CAKE: 2.32$(-0.27%/1H)
SUSHI: 0.62$(-0.38%/1H)
ONE: 0.01$(-0.01%/1H)