Parrot USD pai
0.00 % $ 0.995848
$0.985433 24H Range $0.998841
Market Data
Price $ 0.995848
Volume $ 7,128.78
Volume / Market Cap 0.0009
Circulating Supply 7,738,248.59
Total Supply 17,173,774.39
Market Cap $ 7,706,133.00
Parrot USD (pai) Price Chart
Parrot USD (pai) Price Info
Timeframe Price Change(%)
1h 0.05%
24h 0.00%
7d 0.00%
14d 0.11%
30d 1.37%
1y -0.12%
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.
News about Parrot USD
New Cardano (ADA) Pair Added to Binance.US • 2 saat önce
Binance CEO Changpeng Zhao Addresses ‘Narrative’ He Says FTX Founder Sam Bankman-Fried Painted Against Him • 15 saat önce
Spain Fan Token Tanks Following World Cup Loss • 2 gün önce
Apecoin holders are losing their staked tokens when paired Bored Apes get sold • 3 gün önce
November NFT data wrap: Has removing royalties paid off for Magic Eden? • 8 gün önce
Singapore-Based Exchange Lists Shiba Inu With A Bonus Campaign • 8 gün önce
Don’t Miss Out on Other Similar Coins
Pandacoin   (pnd)
$ 0.00033375 + 98.27 %
MiL.k Alliance   (mlk)
$ 0.268027 + 0.98 %
Kujira   (kuji)
$ 0.581968 -4.36 %