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Parrotly Coin Review : Is It Good Or Bad Coin Read Our Article

Nile by Nile
22/04/2024
Parrotly Coin
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About Parrotly Coin

Parrotly Coin the market cap of crypto averaged around $200B USD. In three years, it had risen to over $2T USD and continues to rise. Regulating bodies from around the world have turned their eyes to the ever-increasing adoption of blockchain technology, and the sudden rise of the crypto market has left a gaping hole that needs to be filled. Regulating bodies want a balance between centralization and decentralization.

Corporations need an easier way to adopt crypto from a large-scale economic standpoint because current DeFi products and services are not catered to businesses and corporations. Multi-signature wallets, ‘swaps’, and current hot wallet products are not up to par to sustain a corporation. To top it all off; the learning curve is steep for individuals and corporations alike new to crypto.

Parrotly Coin Point Table

Coin BasicInformation
Coin NameParrotly Coin
Short NamePBIRB
Circulating SupplyN/A
Max Supply974,843,776,737
Source CodeClick Here To View Source Code
ExplorersClick Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Support24/7
Official Project WebsiteClick Here To Visit Project Website

Deflationary Mechanism

The problem with many cryptos is they are over-leveraged. With pBirb, the initial liquidity pool is locked permanently providing a solid foundation. There is no supply locked or tokens reserved for the dev team. The deflation mechanism burns 2% of each sell transaction; minimizing the selling pressure to somewhat stabilize the early phases of the project as well as increasing the value of the liquidity pool and backing the market cap.

USD+ LP is a service provided by Overnight Finance. The USD+ LP farms the USD+ in the liquidity pool of a pairing which increases the value of the pool over time. Paired with the deflation mechanism, pBirb will become fully backed by its permanently locked liquidity pool in the future. Something that has not been done in the crypto space.

Buy/Sell Taxes

The Structure

  • 4% Buy tax/fee on DEX: Used for marketing and development. The pBirb received from taxes/fees will automatically be swapped at a high-frequency timeframe to ensure no buildup of tokens that can create large selling pressure.
  • 2% Sell tax/fee on DEX: Automatically sent to “Dead” wallet as part of the Equilbirbium Liquidity mechanism.
  • 0% Wallet to Wallet Transfer: There is no tax/fees on wallet to wallet transfers to allow adoption and for pBirb to become a transactional token.
  • 0% CEX Buy/Sell: There will be no taxes/fees when transacting thru CEX. Exchanges may have their own fees.

Development

The NVS will harness the power of a secure blockchain connection to reduce fraud and ensure the authenticity of every ticket with precise, verifiable data on ticket ownership. Utilizing NFT and blockchain technology will reduce exorbitant prices caused by counterfeiters, scalpers, and bots and allow venues total control and insight over the primary and secondary markets. While pilot testing will take place on the Polygon Network, the NVS is compatible with any EVM network allowing event hosts to easily tap into the NFT industry and expand to new revenue streams. The NVS will enable venues and artists access to revenue from secondary ticket sales, something inaccessible with the legacy ticketing system.

Mission

To fill the void and bridge the gap between decentralized crypto usage and the centralization needed for large businesses and corporations. Additionally, Parrotly strives to reduce the learning curve needed to be able to partake in the crypto space to allow the mass to embrace the change.

Vision

Not having to choose between centralization and decentralization, but to have a hybrid of both that will pave the path to the future of finance.

Why Choose Parrotly Coin?

Membership Benefits

As an exclusive club; members will have their own channel in Discord where they have easier access to Parrotly staff. The members will also have access to Parrotly Finance’s yearly gathering for the club. Below is a list of some perks members are given:

Kaprikat Kreation: Handcrafted custom mini sculptures that can bring metaspace into the real world – FSC Member Perk: 10% Off

Ecosystem

This is for informational purposes only. You are responsible for your own money, and should always do your own research prior to making a purchase. They do your utmost to ensure that only accurate information and data are shared. Purchases into Crypto are not FDIC insured, or insured by any government agency, and are not to be considered deposits. They are not guaranteeing or promising any profits. The token in your ecosystem is the means of transactions for your services and products.

Where Can You Buy Parrotly Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On Uniswap (V2), As It Has The Highest WETH/TWT. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include WETH/TWT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Parrotly Coin market screenshot

Parrotly Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support Parrotly Coin. Here Is Example Of Wallet Which Parrotly Coin – Trust Wallet For Hardware Ledger Nano.

FAQ Of Parrotly Coin

Where I Can Find Parrotly Coin Whitepaper?

You Can Find Parrotly Coin Whitepaper By Clicking Here.

Where I Can Buy/Sell Balancer Token?

You Can Buy or Sell Balancer Token On Some Popular Exchange For Example – QuickSwap.

What is Circulating Supply Of Balancer Token?

Circulating Supply Of Balancer Token Is 974,843,776,737.

Tags: How To Buy Parrotly?Parrotly CoinsParrotly review
Nile

Nile

Nile Is Very Old Author At Wootfi Blog . We Loves To Write About Altcoin , ICO & Defi . In Free Time He Loves To Play Football .

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All content on Wootfi.com is provided solely for informational purposes, and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security, product, service or investment. The opinions expressed in this Site do not constitute investment advice and independent financial advice should be sought where appropriate. For More Details Contact Us At - support@wootfi.com .