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: 59.24%(-0.41%/24h)
ETH Dominance: 11.46%(+0.19%/24h)
Defi Market Cap: $0B(+40.22%/24h)
Total Market Cap: $2642.76B(+4.81%/24h)
Total Trading Volume 24h: $169.18B(+24.47%/24h)
ETH Market Cap: $0B
Defi to ETH Ratio: 0%
Defi Dominance: 0%
Altcoin Market Cap: $1077.1B
Altcoin Volume 24h: $99.5B
Total Cryptocurrencies: 39304
Active Cryptocurrencies: 8032
Active Market Pairs: 111318
Active Exchanges: 970
Total Exchanges: 12698
BTC: 78009.59$(-0.12%/1H)
ETH: 2509.2$(-0.54%/1H)
AVAX: 7.87$(-0.46%/1H)
BNB: 690.78$(0.17%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.23$(0.86%/1H)
DOT: 0.98$(1.49%/1H)
UNI: 4.26$(0.3%/1H)
CAKE: 1.78$(0.22%/1H)
SUSHI: 0.21$(-0.52%/1H)
ONE: 0$(0.48%/1H)