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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. 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. Although the Parrot Protocol is still extremely early in its development, it has enjoyed the support of a loving community.
Access the show notes here: https://newtocrypto.io/podcast/what-is-parrot-protocol-defi-network-solana-series/
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