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: 58.87%(-0.13%/24h)
ETH Dominance: 11.1%(-0.17%/24h)
Defi Market Cap: $0B(+30.32%/24h)
Total Market Cap: $2525.24B(+0.43%/24h)
Total Trading Volume 24h: $149.23B(+12.32%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1038.63B
Altcoin Volume 24h: $107.59B
Total Cryptocurrencies: 37392
Active Cryptocurrencies: 8370
Active Market Pairs: 113743
Active Exchanges: 934
Total Exchanges: 12047
BTC: 74216.32$(0.01%/1H)
ETH: 2321.12$(0.16%/1H)
AVAX: 9.53$(0.77%/1H)
BNB: 627.11$(0.32%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.25$(0.64%/1H)
DOT: 1.31$(1.21%/1H)
UNI: 3.37$(0.87%/1H)
CAKE: 1.59$(-0.16%/1H)
SUSHI: 0.22$(0.21%/1H)
ONE: 0$(0.61%/1H)