Arbitrum

Parrot Defi originally launched on Arbitrum.

We've been excited about EVMs (Ethereum Virtual Machine), and lately, we've successfully launched our platform on Arbitrum, parrotdefi.com, which reached $1,5M of TVL on its first 24h alive.

Nowadays is still growing its TVL by implementing new features, the latest one being a burning vault called Incubator, meant to increase the value of its native token PPEGG.

Why Arbitrum

''Arbitrum Gains Momentum''

Arbitrum is an optimistic roll-up chain built to support the Ethereum blockchain, developed by Offchain Labs. It currently has $1.8B worth of assets locked up in different smart contracts on the chain.

Since it launched on Aug 31, Arbitrum has topped the charts for the total value locked across all of Ethereum’s Layer 2 solutions.

We want to be part of the ecosystem.