Parrot Protocol (PRT) Live Price and charts Today

1 Parrot Protocol (PRT) Price Today in USD is $0.00020863

Parrot Protocol (PRT) = $0.00020863 USD

Parrot Protocol (PRT) all-time high (ATH) is $0.005284 USD

The maximum supply of Parrot Protocol (PRT) is 21,000,000,000.00

Parrot Protocol (PRT) 24h volume is $6634.69 USD

Parrot Protocol (PRT) Market Cap is 0 USD

Parrot Protocol
$0.00020863
+1.98%
Parrot Protocol (PRT) Price Chart
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  • 1H +0.09%
  • 24H +1.98%
  • 1Y -93.62%
  • Rank #N/A
  • Market Cap 0.00% -
  • 24H Spot Volume 19.71% $6,634.69
  • 24H Volume / Market Cap -
  • Circulating Supply -
  • Total Supply 2,232,013,358
  • Max Supply 21,000,000,000.00
  • Fully Diluted Valuation $4,381,157
  • API ID parrot-protocol copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img PRT88...Rjz44
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  • Websites Website
  • Links
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About PRT Roadmap & Milestones
Parrot is a liquidity network for borrowing and lending on Solana.

The 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.

Today billions of dollars of value are locked in hundreds of DeFi systems, and converted into different yield generating tokens, such as the Uniswap LP tokens, or the AAVE interest bearing tokens. There aren’t many use cases available for these LP tokens. The value locked in DeFi as LP tokens are inaccessible, because their risks are opaque, and their units of account unsuitable for human consumption.

The Parrot Protocol is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP tokens. The Secret Parrot Master Plan (just between you and me):

  • Create the PAI stablecoin, backed by LP tokens as collaterals. This creates a common unit of account to make it easy for holders of different types of LP tokens to transact with each other.
  • Create the Parrot Lending market, taking LP tokens as collaterals. This allows LP holders to access their locked value by borrowing against lender liquidity.
  • Create a margin trading product (virtual AMM) using PAI as the common unit of account. This allows the Parrot community to collect fees, and feed the family.
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