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

The redemption plan appears to heavily favor employees and Parrotโ€™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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