The Parrot team is building a suite of products to solve one of the most important problems in the DeFi ecosystem — by unlocking the value of liquidity provider (LP) tokens.

Through building an on-chain stablecoin (PAI), lending markets, and leverage markets around these LP token, Parrot aims to turn these LP tokens into real productive assets. At scale, this will greatly increase liquidity, new use cases, and a new liquidity infrastructure layer into the Solana & Serum ecosystem.