About PAI
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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Frequently Asked Questions
What is the all-time high price of Parrot USD (PAI)?
Read MoreThe all-time high of PAI was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Parrot USD (PAI) is 0. The current price of PAI is down 0% from its all-time high.
How much Parrot USD (PAI) is there in circulation?
Read MoreAs of
, there is currently 0 PAI in circulation. PAI has a maximum supply of 0. What is the market cap of Parrot USD (PAI)?
Read MoreThe current market cap of PAI is 0. It is calculated by multiplying the current supply of PAI by its real-time market price of 0.972412454568.
What is the all-time low price of Parrot USD (PAI)?
Read MoreThe all-time low of PAI was 0
, from which the coin is now up 0%. The all-time low price of Parrot USD (PAI) is 0. The current price of PAI is up 0% from its all-time low. Is Parrot USD (PAI) a good investment?
Read MoreParrot USD (PAI) has a market capitalization of $0 and is ranked #9230 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Parrot USD (PAI) price trends and patterns to find the best time to purchase PAI.