Details about Yield Parrot cryptocurrency
€4
3,926,300
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https://yieldparrot.finance/
@yield_parrot
Yield Parrot price charts
LORY exchanges
Yield Parrot, the crypto
Yield Parrot, also known as LORY, is a decentralized finance (DeFi) platform that aims to simplify the process of yield farming for users. The platform includes a suite of yield farming tools and strategies, such as liquidity pool provision and yield aggregation, accessible through a user-friendly interface. The LORY token is the native cryptocurrency of the Yield Parrot ecosystem and enables users to participate in governance and receive rewards for their contributions to the platform.
The point
The main point of Yield Parrot is to provide easy access to yield farming for DeFi users. The platform offers a range of yield farming tools and strategies, such as liquidity pool provision and yield aggregation. Yield Parrot aims to simplify the yield farming process to attract a wider range of users to the DeFi space and offer them opportunities to earn yield on their cryptocurrency investments.
The problem
Yield Parrot aims to solve the problem of complexity in yield farming. Many DeFi platforms require advanced technical knowledge and experience to use effectively, which can deter new users from entering the space. Yield Parrot seeks to simplify the process and make yield farming more accessible to a wider range of users. The platform also aims to solve the problem of low yields by providing users with tools to optimize their returns and earn income on their cryptocurrency investments.
Compare LORY and BTC performance
| Timeframe | LORY | BTC |
|---|---|---|
| 1h change | 0 % | -0.472222 % |
| 24h change | 0 % | -0.530129 % |
| 7 day change | 0 % | 3.33694 % |
| 14 day change | 1.36 % | -2.43513 % |
| 30 day change | -18.84 % | -0.12326 % |
| 200 day change | -55.44 % | 136.242 % |
| Year change | -60.8 % | 146.763 % |