DeFi Project Parrot Puts Fate of Over $70M Treasury, PRT Token, to Vote

defi project parrot puts fate of over 70m treasury prt token to vote

The redemption plan appears to heavily favor employees and Parrot’s venture investors. Last November, Parrot finance unlocked all remaining team and VC tokens two years ahead of schedule. Community members claim the modified vesting schedule gives these insiders a redemption price of $0.055, 22% higher than the original, public investors.

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