Solana’s Parrot Protocol submits proposal to go tokenless, investors risk facing -89% returns

@RyanChow_DeFi @ParrotBamboo07 @PolynomialFi 4/ SolvBTC.CORE Shines in Messari Report SolvBTC.CORE is the leading asset on @colend_xyz, Core’s primary lending protocol. Solv allows BTC holders to earn yield through the @coredao_org PoS layer, driving the future of composable Bitcoin Finance. https://t.co/xDdgpGI8Ju

Over 200+ members of the Turkish community for Solv showed up for our offline event! With our ambassador @ParrotBamboo07, we successfully hosted a “Let’s Talk Web3” session at Dokuz Eylül University in İzmir, Turkey! Some Key Event Highlights 🔹 More than 200 passionate builders and learners filled the auditorium and explored how Solv Protocol is bringing $1T Bitcoin to DeFi. 🔹 A fireside chat and Q&A discussed Solv’s vision, tech stack, and upcoming roadmap for institutionalizing Bitcoin and RWA-backed yields. 🔹 Lucky guests walked away with exclusive Solv merchandise and prizes during our post-event raffles. A huge thank-you to all attendees who braved the elements to make this gathering unforgettable.

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Parrot Protocol, a DeFi project on Solana that raised $85m through IDO in September 2021, has recently propose a controversial proposal to convert it into a token-free protocol and redeem its Token PRT at $0.0045. 81% of the 14.2 billion PRTs are controlled by the team. The…