ParrotDAO is decentralized reserve currency protocol on the Avalanche Network based on the PARR token. ParrotDAO develops infrastructure incentives that fulfill its objectives with the PARR token as the leading DeFi lending provider and funding the GameFi ecosystem on treasury investments. As a matter of course, ParrotDAO will back and help build the future of DeFi Lending and DeFi gaming. Each PARR token is backed by a basket of assets (e.g, MIM, PARR-AVAX LP Tokens, Metaverse Infrastructure Projects, Play-to-earn projects, Digital Land etc etc) in the ParrotDAO treasury, giving it an intrinsic value that it cannot fall below. ParrotDAO also introduces economic and game-theoretic dynamics into the market through staking and bonding.