PAI to USD Converter
How much US Dollar ( USD) is 102.9 Parrot USD ( PAI)?
Parrot USD
PAI
US Dollar
USD
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The Morpher currency calculator allows you to convert a currency from Parrot USD (PAI)
to US Dollar (USD) in just a few clicks at live exchange rates.
Simply enter the amount of Parrot USD you wish to convert to USD and the
conversion amount automatically populates. You can also use our Prices Calculator Table to calculate how much your currency is worth in other
denomination, i.e. 1 PAI, 5 PAI, 10 PAI, 50 PAI etc.
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Quick facts about Parrot USD
The Parrot Protocol is a DeFi network built on Solana that will include the stablecoin PAI, a non-custodial lending market, and a margin trading vAMM.
These are all use cases designed to solve one single problem: making value locked in DeFi systems accessible. 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.
The Secret Parrot Master Plan (just between you and me): Create the PAI stablecoin, backed by LP tokens as collaterals.
This creates a common unit of account to make it easy for holders of different types of LP tokens to transact with each other. Create the Parrot Lending market, taking LP tokens as collaterals.
This allows LP holders to access their locked value by borrowing against lender liquidity. Create a margin trading product (virtual AMM) using PAI as the common unit of account.
This allows the Parrot community to collect fees, and feed the family.
These are all use cases designed to solve one single problem: making value locked in DeFi systems accessible. 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.
The Secret Parrot Master Plan (just between you and me): Create the PAI stablecoin, backed by LP tokens as collaterals.
This creates a common unit of account to make it easy for holders of different types of LP tokens to transact with each other. Create the Parrot Lending market, taking LP tokens as collaterals.
This allows LP holders to access their locked value by borrowing against lender liquidity. Create a margin trading product (virtual AMM) using PAI as the common unit of account.
This allows the Parrot community to collect fees, and feed the family.
PAI Price Chart
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PAI to USD price stats
24hr
-0.83% 
7d
-0.53%
30d
-0.88%
Over the past 30 days, Parrot USD has dropped -0.88% to USD. The trend and price charts for the past
week shows that PAI has dropped -0.53% to USD and over the past 24 hours, PAI has dropped -0.83% to
USD.