Crema Finance Partnership with Parrot Protocol
Crema Finance is thrilled to announce a partnership with Parrot Protocol, a liquidity network for lending and borrowing, offering a suite of decentralized finance products on Solana.
Crema Finance will offer some of the most competitive exchange rates for $PAI!
Parrot Protocol has been working along the way to make value locked in LP tokens accessible, by creating a liquidity and lending network collateralized by these LP tokens.
In Crema’s CLMM model, fungible LP tokens are replaced by unique NFTs to unleash more use cases and possibilities.
Under this partnership, Parrot Protocol will lead the next-level adoption of Crema’s CLMM NFT and Crema will also provide strong support for the CLMM trading of Parrot’s stablecoin and lending assets.
About Parrot
Parrot is a liquidity network for borrowing and lending, offering a suite of DeFi products: The stablecoin PAI, Synthetic BTC (pBTC), The Parrot stake pool token (prtSOL), Synthetic SOL (pSOL), +EARN vaults where the deposited collateral is used to generate yield for borrowers. Parrot is the leading stablecoin on Solana.
About Crema Finance
Crema Finance is a powerful concentrated liquidity protocol built on Solana that provides superior performance for both traders and liquidity providers. It changes the Solana DeFi game by introducing a series of innovations to improve capital efficiency and trading depth.
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