Parrot IDO Participants Fuming at Redemption Proposal That Will Wipe Out Their Investment

in #idlast year

Parrot IDO Participants Fuming at Redemption Proposal That Will Wipe Out Their Investment

The team behind the Parrot DeFi project has proposed a controversial to transition to a tokenless system.
If passed, the proposal will enable PRT holders to redeem their tokens for USDC.
Early investors in the Solana-based protocol are angry that they could lose the majority of their investment.