icon - Parrot USD
PAI Parrot USD
+ 0.82%
$ 0.95852733
Rank
Name
Price
CAP
Volume 24h
Circulating supply
Change 24h
Graph (7d)
  • -
    Parrot USD
    $ 0.95852733
    $ 4,011,334
    $ 1
    0 PAI
    + 0.82%

Parrot USD. Price of cryptocurrency: $ 0.95852733

The stable coin PAI, a non-custodial lending market, and a margin trading vAMM will be included in the Parrot Protocol. There are people in this picture Billions of dollars of value are locked in hundreds of DeFi systems, and are converted into different yield generating token, such as the UniswapLP token or the AAVE interest bearing token. There aren't many use cases for this token. There are people in this picture The Parrot Protocol is setting out to make value locked in the LP token accessible by creating a lending network and a liquidity network. There are people in this picture The PAI stablecoin is backed by LP token. The Parrot Lending market can be used as a way to raise money. PAI is the common unit of account for margin trading products.