The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.
The redemption plan for the protocol appears to heavily favor employees and Parrot’s venture investors.
Solana merkezli merkez finans olmayan (DeFi) protokolü Parrot.fi, PRT tokenini yavaşlatarak kullanımdan kaldırma ve bir zamanlar yaklaşık 80 milyon dolar olduğu tahmin edilen taahhüt hazinesini token sahipleri arasında dağıtma teklifini oyluyor.
Perşembe günü geçen ev yayınlanan teklife göre, PRT sahiplerinin jetonlarını her biri 0,0045 dolardan kullanır. Bu itfa oranı, Solana blok zincirinde yeni tür kripto borç verme pazarları oluşturmak çalışan bir stablecoin ihraççısı olan Parrot Finance’in ilk yatırımcıları için büyük bir kaybın anlamı geliyor.
Ancak piyasaya sürülmesinden iki yıl sonra, Parrot’un planları sonuç vermedi. Toplam kilitli değeri (TVL), onu Solana DeFi’nin alt kademesine yerleştiriyor ve token’ı satış fiyatının oldukça altında. Diğer protokoller, kullanıcı teşvik mekanizmaları ve likit staking token entegrasyonları ile toparlanırken bile, Parrot’un TVL’si yanlara gitti.
Parrot.fi raised $84.7 million when it sold 10% of all PRT tokens to the public in September and October 2021, at the height of that year’s bull run for Solana DeFi. Those tokens have since lost at least 88% of their value, according to Cryptorank. Meanwhile, the project’s treasury remains in the tens of millions.
The redemption plan appears to heavily favor employees and Parrot’s venture investors. Last November, Parrot finance unlocked all remaining team and VC tokens two years ahead of schedule. Community members claim the modified vesting schedule gives these insiders a redemption price of $0.055, 22% higher than the original, public investors.
Parrot team members did not respond to a request for comment.
At the conclusion of the redemption, Parrot protocol would sunset its token but continue to operate the protocol. Killing the token would render PRT holders powerless over the protocol. But that would be more of the same: Parrot’s never had a decentralized autonomous organization (DAO) despite leader PartyParrot’s early insistence that it would.
“The first proposal of DAO is to kill the Parrot 🤣 Hilarious,” the pseudonymous user Parachute, who has been in Parrot’s Discord server since October 2021, said in a public channel Friday.
At press time the vote was overwhelmingly in favor of conducting a buyback with 97% in favor. The vote is well below quorum; it is open for the next week. Some voters on ballot-casting website Realms blasted the early insider unlock for rendering the team “majority token holders, making this vote meaningless and a total farce.”
Parrot’s community in the Discord appeared split between open anger from long-term holders and begrudging acceptance from newcomers.
The pseudonymous Crypto_Boi, an investor who joined Parrot’s Discord months after its token sale and bought in when PRT was valued at $0.001, called the redemption “nothing short of a robbery” but was nonetheless in favor.
Crypto_Boi, “Bir kefaretin gerçekleşmesi iyi, çünkü ekip son bir buçuk yıldır önemli hiçbir şey yapmadı ve maaşlarıyla hazineyi tüketiyor” dedi. “Ama 0 sonuç veriyorlar. Yani kurtuluş tek seçenek.”