What Is Parrot Egg(1PEGG) ?
Parrot Egg Turbocharged yield farming experience, now on Harmony. After 3 successful launches on Arbitrum, IoTeX and Polygon, Parrot Defi leads a strong community and has acquired an honest and professional reputation. These facts encouraged the team to keep expanding, this time on Harmony, an open and fast blockchain. The magnet runs Ethereum apps with 2-second transaction finality and 1000 times lower fees.
Parrot Egg DeFi is a decentralized yield farming multi-chain platform based on IoTeX, Arbitrum and lately Polygon goal is to be the users preferred choice for yield farming and staking. A safe, stable, and long-term ecosystem for farmers to enjoy high APRs and APYs, and we’ll do it so through a long road map.
Parrot Egg aim to create a multichain yield farming platform based on a layered architecture that extends the regular farm’s life cycle, plus unique features that add value and use case to the token. We’re aware of the biggest challenges for most farms on DeFi, time and inflation. However, we’ve ended up with a simple solution to this, continuous development.
Parrot Egg (1PEGG) Storage Key Points
| Coin Basic | Information |
|---|---|
| Coin Name | Parrot Egg |
| Short Name | (1PEGG) |
| Circulating Supply | 40,000.00 1PEGG |
| Max Supply | 1,000,000 |
| Source Code | Click Here To View Source Code |
| Explorers | Click Here To View Explorers |
| Twitter Page | Click Here To Visit Twitter Group |
| Whitepaper | Click Here To View |
| Support | 24/7 |
| Official Project Website | Click Here To Visit Project Website |
Mission And Vision
Parrot Egg are committed to facing these challenges by dividing the farm’s cycle into 2 phases; the first one being initial farming and minting, and the second, the establishment phase. have thought that a path of 2 weeks is ideal for the initial farming phase, followed by a second establishment phase where unique features and products are deployed progressively, adding value to the token.
Parrot Egg Farming tokens do not have to be intended for a certain price drop. That is why have designed features to balance PPEGG inflation, having a low circulation supply and a medium emission rate. also want to allow small investors to maximize their profits through layered farming, allowing investors with smaller capital to grow their wealth during an extended period and incentivizing them to hold rewards instead of selling them.
Platform Parrot
Parrot Egg Defi proudly presents own brand new NFT’s collection on Harmony One. Welcome to a bad-ass collection of unique parrots, delightfully crafted for incredible community. Join the turbocharged NFT experience, and become the proud owner of the very first NFT collection made in Parrot Defi.
The very first DeFi
Parrot Egg Project on Harmony Euphoria is an algorithmic reserve currency protocol on Harmony based on the WAGMI token. Each WAGMI is backed by a basket of assets (DAI, UST, etc) in the Euphoria Treasury, giving it an intrinsic value that cannot fall below.
Apes together strong, community-led project
Parrot Egg They are building a home for Happy Harmony Apes, a place for the Harmony community to assemble, new apes to onboard and for a new community-owned crypto to emerge to drive the world bananas. $APE is their native deflationary token.
Tokenomics
Parrot Egg Unlimited Supply means that tokens will be minted until L2 is operative. The moment the Layer 2 is announced all farms will operate for 1 more month, and then will stop minting rewards. Users will be able to swap their tokens for the new L2 tokens
DAO Governance Parrot Defi governance
Parrot Egg is carried out using https://snapshot.org/#/parrotdefi.eth , final on-chain voting using Snapshot.
Proposals Discussion
Proposals will be discussed on Telegram at https://t.me/parrotdefiofficial To launch a proposal on Snapshot, users will need 1,000 $1PEGG. Anyone holding this amount can throw a proposal without consulting it with the community first, but encourage users to discuss it first with the community.
Snapshot Voting
Parrot Egg When a proposal has been discussed on the Telegram group, it’ll be proposed on our snapshot page on https://snapshot.org/#/parrotdefi.eth To vote in a proposal, users will need at least 1 $1PEGG The more $1PEGG you have (in your wallet or staked at Parrot Defi’s Masterchef), the more voting power you’ll have in a 1:1 ratio.
Staking Pools
Parrot Egg Single Pools or staking pools, are where you stake single assets to get rewards. The advantage over farming is that you can leave anytime without paying any penalty. Generally speaking, to stake assets is safer than farming, but rewards are lower.