A most licensed proposal from Parrot Protocol’s personnel, a Solana-essentially essentially based mostly liquidity network, has sparked controversy amongst its neighborhood contributors. The proposal, up for vote except July 27, requires the redemption of its PRT tokens for liquid treasury value, and the transition to a no-token protocol.
Based totally totally on the proposal, the PRT redemption tag became established at $0.0045 per token. According to files from CryptoRank, the protocol raised over $89 million since its inception in 2021, with a most licensed return on funding (ROI) of -89% for traders in its Preliminary DEX Offering (IDO) and preliminary alternate providing (IEO). Having a antagonistic ROI indicates that traders have misplaced money on their funding.
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