What is PARROT USD(PAI)?

Basic information about PAI

Coin name:

Parrot USD

Coin symbol:

Coin introduction:

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. These are all use cases designed to solve one single problem: making value locked in DeFi systems accessible. Today billions of dollars of value are locked in hundreds of DeFi systems, and converted into different yield generating tokens, such as the Uniswap LP tokens, or the AAVE interest bearing tokens. There aren’t many use cases available for these LP tokens. The value locked in DeFi as LP tokens are inaccessible, because their risks are opaque, and their units of account unsuitable for human consumption. 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. The Secret Parrot Master Plan (just between you and me): Create the PAI stablecoin, backed by LP tokens as collaterals. This creates a common unit of account to make it easy for holders of different types of LP tokens to transact with each other. Create the Parrot Lending market, taking LP tokens as collaterals. This allows LP holders to access their locked value by borrowing against lender liquidity. Create a margin trading product (virtual AMM) using PAI as the common unit of account. This allows the Parrot community to collect fees, and feed the family.

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Current Price:

$1More coin details

All-time high:

$10.76

All-time low:

$0.000005

PAI Supply Info and Tokenomics

Circulating supply:

Total supply:

Max supply:

Market cap:

$4.223M

Fully diluted valuation:

$4.223M

What is the outlook and future value of PAI?

The current market cap of PAI is $4.223M, ranked 2217 in the market, showing that the market already recognizes the value of PAI. When a bull market arrives, the market cap of PAI may continue to grow.

Moreover, if PAI can play a greater role in real-world applications—such as if the Monero developers can fully empower PAI and establish partnerships with more business partners to expand its user base—then the long-term value of PAI will be further enhanced.

What is the price of PAI in 2027?

According to the historical price performance prediction model of PAI, the price of PAI is expected to reach $1.05 at 2027.

Note: As with any crypto investment, investors should closely monitor ’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get PAI?

Purchasing PAI with cash is not the only way to obtain PAI. If you have enough time, you can get PAI for free.

Learn how to get Hot rewards for free with PAI.

Earn free PAI by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get PAI airdrops for free.

All crypto airdrops and rewards can be exchanged for PAI through LBank spot trading.

Buy PAI starting from $1

What is PAI used for and how to use it?

The use cases for PAI may grow with the development of the crypto market and project progress. Currently, you can use PAI to:

Arbitrage trading of PAI

PAI is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many PAI trading pairs to suit your needs.

Earn yield with PAI

You can also lend out PAI or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your PAI gains.

Send or pay with PAI

If you want to pay someone with PAI, you can easily and quickly send PAI to them using their receiving address.

You can also visit the official website of Parrot USD to learn more use cases of PAI, such as whether the Parrot USD project supports community/eco apps or buying physical or virtual goods with PAI.