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Parrot Protocol is a DeFi platform launched on Solana. It is designed to support PAI, a stablecoin, along with a non-custodial lending market and a margin trading vAMM. Together, these functions target one objective: helping make the value tied up in DeFi systems usable.
Parrot protocol earns revenue from the services it offers, applies those earnings to repurchase PRT from the open market, and then returns the PRT as protocol incentives. The protocol’s primary fee sources are:
Stability fees collected from the stablecoin PAIInterest paid by borrowers on the PAI supplyLiquidation penaltiesBorrow fees gathered within the lending marketTrading fees generated by the vAMM. Since the vAMM doesn’t rely on LPs, the protocol can take all trading fees.| Exchange | Pair | Last Price | Change (24H) | High (24h) | Low (24h) | Spread | Volume (24h) |
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