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: 57.73%(+0.09%/24h)
ETH Dominance: 13.76%(-0.18%/24h)
Defi Market Cap: $148.53B(-13.36%/24h)
Total Market Cap: $3784.6B(-2.28%/24h)
Total Trading Volume 24h: $141.54B(-10.45%/24h)
ETH Market Cap: $520.37B
Defi to ETH Ratio: 28.54%
Defi Dominance: 3.83%
Altcoin Market Cap: $1599.58B
Altcoin Volume 24h: $85.02B
Total Cryptocurrencies: 35951
Active Cryptocurrencies: 9576
Active Market Pairs: 108873
Active Exchanges: 847
Total Exchanges: 10945
BTC: 109719.28$(0.1%/1H)
ETH: 4312.33$(0.05%/1H)
AVAX: 24.63$(-0.45%/1H)
BNB: 846.29$(0.19%/1H)
MATIC: 0$(0.95%/1H)
FTM: 0$(-0.27%/1H)
ADA: 0.81$(0.2%/1H)
DOT: 3.77$(0.3%/1H)
UNI: 9.24$(0.05%/1H)
CAKE: 2.35$(0.25%/1H)
SUSHI: 0.74$(-0.34%/1H)
ONE: 0.01$(0.15%/1H)