Parrot DeFi is a decentralized yield farming multi-chain platform based on IoTeX, Arbitrum and lately Polygon
Our goal is to be the users preferred choice for yield farming and staking. A safe, stable, and long-term ecosystem for farmers to enjoy high APRs and APYs, and we'll do it so through a long road map.
We aim to create a multichain yield farming platform based on a layered architecture that extends the regular farm's life cycle, plus unique features that add value and use case to the token.
We're aware of the biggest challenges for most farms on DeFi, time and inflation. However, we've ended up with a simple solution to this, continuous development. We are committed to facing these challenges by dividing the farm's cycle into 2 phases; the first one being initial farming and minting, and the second, the establishment phase.
We have thought that a path of 2 weeks is ideal for the initial farming phase, followed by a second establishment phase where unique features and products are deployed progressively, adding value to the token.
Farming tokens do not have to be intended for a certain price drop. That is why we have designed features to balance PPEGG inflation, having a low circulation supply and a medium emission rate.
We also want to allow small investors to maximize their profits through layered farming, allowing investors with smaller capital to grow their wealth during an extended period and incentivizing them to hold rewards instead of selling them.
We think that hold a token and accumulating rewards is the nature of farming, so we try to encourage and give different reasons to our investors to keep PPEGG in their portfolio either for future layered farming, for the payment of other currencies (Earn USDC), or as an exit currency for other projects (IFO) for example.
The market is large enough and with enough growth potential to support different network operation in multiple farming layers in the same project, as we are confident in growing our community as time goes on.
Our team is composed of experienced entrepreneurs, smart contract developers, project managers and crypto enthusiasts. And we are here to bring all our experience into DeFi.
We plan to grow by constantly adding features to our platform. To find out more check out the development phases on the road map.
