Parrot
DeFi network built on Solana. It 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. It is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP tokens. The company was founded in 2021 and…
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About
DeFi network built on Solana. It 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. It is setting out to make value locked in LP tokens accessible, by creating a liquidity & lending network collateralized by these LP tokens. The company was founded in 2021 and headquartered in Finland. It has raised $5M in seed funding, with backing from Alameda Research, Qtum, NGC Ventures, PetRock Capital, and others. The company operates in the FinTech - Cryptocurrencies, Blockchain Technology - Cryptocurrencies space.
Business model
Cryptocurrencies > Financial Services > Lending > Consumer Loans > Personal Loans > Liquidity Pools
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