ParrotDeFi — your gateway to decentralized finance. Control your investments, place bets, provide liquidity and earn money with the Parrot Egg.
ParrotDeFi project description
ParrotDeFi — a decentralized multi-chain farming platform, based on IoTeX, Arbitrum and most recently Polygon. The Parrot Egg - a core of the Parrot ecosystem, buy it, win it, grow it and spend it. Vote on the upcoming Parrot DAO event and help the community to decide which pools to strengthen or add, which partnerships to join and what marketing actions to take.
Developers are aware of the biggest challenges for most farms, related to DeFi, time and inflation. The creators of the Parrot site aim to solve these problems by dividing the farm cycle into 2 phases: the first is the initial growing and minting, and the second is the creation phase.
Distinctive features:
| Farming and staking | Passive income streams to multiply your assets. Earn even more by placing your LP Tokens. |
| Incubator | Get BPEGG and boost your rewards while maintaining deflationary mechanics. |
| Multi-award vaults | Place bets to receive non-native rewards, stablecoins and tokens from partners. |
The team aims to enable small investors to maximize their profits through multi-level farming, allowing investors with less capital to build up their wealth over the long term and encouraging them to hold on to rewards instead of selling them.
More about defi app on Harmony
There is an introductory document on the site. It contains the necessary information about the job. There are future updates in RoadMap.
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There are already more than 2000 participants. The smart contract has not been audited.