The new proposal calls for an end to Parrot's so-called governance token through a redemption program that divides $50 million of its treasury amongst PRT owners, would be worth $0.0045 apiece ...

Parrot.fi raised $84.7 million when it sold 10% of all PRT tokens to the public in September and October 2021, at the height of that year’s bull run for Solana DeFi. Those tokens have since lost ...

Parrot Finance raised over $80 million in a public token sale during Solana's heyday. Two years later – its plans for shaking up crypto lending markets long since fizzled – the protocol is ...

The proposal, up for a vote until July 27, calls for the redemption of its PRT tokens for liquid treasury value and the transition to a no-token protocol. Based on the proposal, the PRT redemption ...