Dear users,
MEXC Global is thrilled to launch the 5th session of Kickstarter, a listing campaign initiated by the project team on MEXC before launch where users can stake tokens to vote towards a predetermined goal. Once the goal is hit, the listing process will be kickstarted and free token airdrops will be arranged for participating users prior to the listing. If the voting does not meet the set target, MEXC Global will cancel the project listing and unlock the voting tokens. This event is designed to identify high-quality projects and at the same time, bring airdrop benefits to MEXC users.
Presenting the project for the 5th session of Kickstarter, Parrot (PRT).
Project Info
Project name: Parrot (PRT)
Official website: https://parrot.fi
Contract Address: https://solscan.io/token/PRT88RkA4Kg5z7pKnezeNH4mafTvtQdfFgpQTGRjz44
Twitter: https://twitter.com/gopartyparrot
Telegram: https://t.me/gopartyparrot
Discord: https://discord.com/invite/gopartyparrot
Medium: https://gopartyparrot.medium.com/
Whitepaper Link: https://doc.parrot.fi/guide/
Project Brief Introduction:
Parrot is a liquidity network for borrowing and lending. Since its mainnet launch in June, it has grown to $400M in TVL, offering a suite of DeFi products.
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.
How to join Kickstarter:
Users can stake the prerequisite tokens to participate in voting and stand a chance to win free project airdrops. Details are as follows:
1. Voting Period: 2021-09-17 08:00 - 2021-09-17 13:50 (UTC)
2. Estimated Trading: 2021-09-18 02:30 (UTC)
3. Deposit & Withdrawal: Opened
4. Voting Link: https://www.mexc.com/sun/assessment
5. Airdrop Details:
- Reward Pool: 800,000 PRT
- Price: 0 USDT (IDO Reference Price: $0.04)
6. Voting Token: USDT
7. Requirement: Minimum 10 votes, no hard cap.
8. Rules: The tokens used for voting will be temporarily locked during the event period and will be unlocked within an hour once the event concludes. Users can vote as many times as they wish before the voting period ends.
9. Rewards: The airdrop rewards will be distributed proportionally before the trading opening time according to users’ total votes once the event concludes.
*For more details, please visit the Kickstarter page
On Listing:
1) Listing details will be updated in this announcement, please stay tuned.
2) Target voting rate: 500%
Voting rate = Total votes (USDT) / total value of rewards (USDT)
*Projects will only be listed when the voting rate hits 500%.
Terms & Conditions:
1. Staked tokens will be refunded once the event concludes. No fees will be required for participation in the Kickstarter event.
2. Users participating in this event must complete the required KYC verification before the end of the event to be deemed eligible for the rewards.
3. MEXC has the final interpretation right of this event.
Risk Reminders
Users are strongly advised to do their own research before participating. Nothing herein shall be construed to be financial advice or recommendation to participate in the associated network. The price of the project token may fluctuate greatly due to market conditions and other factors. Withdrawal for the project token may be suspended (fully/partially) due to the token mechanism.
Find us on:
Medium: https://medium.com/mexcglobal
Telegram: https://t.me/MEXCEnglish
MEXC trading: https://t.me/MEXCTradeofficial
Twitter: https://twitter.com/MEXC_Global
Facebook: https://www.facebook.com/mexcglobal
Discord: https://discord.gg/zu5drS8
Instagram: https://www.instagram.com/mexcglobal/
Refer a friend to enjoy a high rebate, create your personalized invitation link today: https://www.mexc.com/invite
Enjoy trading on MEXC.
The MEXC Team,
2021-09-17
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