Average Ratings 0 Ratings
Average Ratings 0 Ratings
Description
Jet is an innovative decentralized borrowing and lending protocol designed for high efficiency, power, and scalability on the Solana blockchain. Our mission is to inject momentum into the DeFi revolution, empowering users through our protocol. The native token of the protocol will enhance established governance models, leaning towards increased community involvement and ownership. A central tenet of this governance-first strategy is to cultivate an inclusive community dedicated to the research, design, and creation of valuable lending solutions. Users of Jet can take out loans against over-collateralized debt positions, allowing them to incur debt up to limits set by governance. Should the value of a user’s collateral dip below the established threshold, their position can be liquidated by external parties, including traders or any users authorized to interact with the smart contract. Furthermore, Jet plans to launch secondary markets for interest rate products on Serum, while also fostering continuous community-led research and development of lending products. This focus on innovation ensures that Jet remains at the forefront of the evolving DeFi landscape.
Description
The Parrot Protocol is a decentralized finance (DeFi) ecosystem established on the Solana blockchain, incorporating the stablecoin PAI, a non-custodial lending marketplace, and a margin trading virtual automated market maker (vAMM). All of these components aim to address a crucial issue: unlocking the value that is currently immobilized within DeFi platforms. At present, countless billions of dollars are trapped in various DeFi systems, often transformed into yield-generating tokens like Uniswap LP tokens or AAVE interest-bearing tokens. Unfortunately, there are few practical applications for these LP tokens, as the value they hold remains largely inaccessible due to their inherent risks being unclear, and their measurement units being impractical for everyday users. The Parrot Protocol aims to bridge this gap by establishing a liquidity and lending infrastructure that utilizes LP tokens as collateral, while also introducing a margin trading solution that employs PAI as a standardized unit of account. Ultimately, the goal is to provide users with a seamless way to access and utilize the value locked within these tokens, thereby enhancing overall liquidity in the DeFi landscape.
API Access
Has API
No
API Access
Has API
No
Integrations
MathWallet
Yes
Phantom
Yes
Solana
Yes
Solflare
Yes
Solong
Yes
Coin98
No
Ledger
No
Slope
No
Telegram
No
Integrations
MathWallet
Yes
Phantom
Yes
Solana
Yes
Solflare
Yes
Solong
Yes
Coin98
Yes
Ledger
Yes
Slope
Yes
Telegram
Yes
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Pricing Details
No price information available.
Free Trial
No
Free Version
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
No
iPad App
No
Android App
No
Windows
No
Mac
No
Linux
No
Chromebook
No
Deployment
Web-Based
Yes
On-Premises
No
iPhone App
Yes
iPad App
Yes
Android App
Yes
Windows
No
Mac
No
Linux
No
Chromebook
No
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Customer Support
Business Hours
No
Live Rep (24/7)
No
Online Support
Yes
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Types of Training
Training Docs
Yes
Webinars
No
Live Training (Online)
No
In Person
No
Vendor Details
Company Name
Jet Protocol
Founded
2020
Website
www.jetprotocol.io
Vendor Details
Company Name
Parrot
Website
parrot.fi/mint/