Parrotly Price
PBIRB
Convert PBIRB to your currency
Last Updated on Nov 18, 2025 08:17 AM
What is Parrotly?
About the coin
PBIRB is the native token of Parrotly Finance Inc, a registered Delaware corporation. It serves as the backbone of the ecosystem being developed by the company. The token is designed to provide various utilities within the Parrotly ecosystem, enhancing user engagement and offering financial benefits.
Main features
One of the primary utilities of PBIRB is to offer discounts on service fees for Parrotly's products. This feature is aimed at incentivizing users to adopt and utilize the token within the ecosystem. Additionally, PBIRB is deflationary in nature, with a mechanism in place where two percent of all sell transactions are burnt to a dead wallet on the Polygon network. This deflationary aspect is intended to reduce the total supply over time, potentially increasing the token's value.
How it works
PBIRB operates on the Polygon network, leveraging its scalability and low transaction costs. The deflationary mechanism is automatically triggered during sell transactions, ensuring a continuous reduction in supply. As Parrotly Finance releases new products, additional utilities for PBIRB are expected to be implemented, further integrating the token into the ecosystem and enhancing its value proposition.
Wallet for Parrotly
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Tangem supports networks for Parrotly
- Polygon Pos
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Parrotly FAQ
- Owning cryptocurrency can be important for several reasons: it provides a decentralized way to store and transfer value, offers potential for investment growth, enables participation in emerging financial technologies, and can be used for secure and private transactions.
- A cryptocurrency wallet is a tool or device that allows you to store, manage, and use your cryptocurrency. It keeps your private keys secure and enables you to interact with various blockchain networks, including Bitcoin and Ethereum.
- When choosing a cryptocurrency wallet, consider factors such as security, ease of use, and cryptocurrencies supported. Also determine whether you prefer a hardware or software wallets. Research reviews and compare features to find the best option for your needs.
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