Yield Farming LP Pools ☑️

Our farms at Parrot DeFi are primarily used to motivate users to offer liquidity for their favourite projects by paying them with our token. In the near future we'll be deploying a functional exchange, and for an exchange, the more liquidity available the better the user experience will be related to trading fees. In Parrot DeFi you'll find a decent amount of Liquidity Pools in the beginning, and it's expected to be expanded in the near future based on community requests and future partnerships interested in offering their tokens on our Platform's Launchpad

Fees

In order to keep developing and promoting the project we'll charge a small fee of 4% on non native pools.

Native pools will enjoy a 0% fee.

This fees are applicable at the moment you deposit.

No Withdraw fees will ever be applied.

No Harvest Lockup

This means you can withdraw your assets at anytime without losing any reward.

Burning

A 9,09% of every emission will be sent to the burning address, and periodically these tokens will be burnt.

It is possible that in an extraordinary situation these tokens are used with a different purpose, in any given case the devs will be transparent and will let the community know everything related to it.

What this different purposes might be, vary from partnerships with other projects, to give aways, specific marketing targets and so on.