Introduction
1. Could you please provide a quick self-introduction for the community?
Ans: I´m Master Parrot. I´ve been working on DeFi projects for 15 months, where I met the best experts in the industry and decided to put together a world-class team that could develop a top-level project
2.Can you briefly introduce the project Yield Parrott, what are some of utlities of $LORY ? How do you think you stand out among the competitors if there are any?
Ans: $LORY is used in a wide variety of activities within the yieldparrot.finance ecosystem. And with our specially designed smart contracts, you can earn extraordinary rewards. We think is important to hear what our community has to say, so we will pay attention to what $LORY holders vote.
Also, we have some mechanisms to ensure that $LORY price continues to rise over time because we know the importance of having long-term strategies in the project
3. Can you share the achievements the team has made so far ? what are the major achievement target Yield Parrott is yet to achieve . If possible also share your roadmap.
Ans: At the moment we already have more than 300 interested in buying $LORY. We have more than 400 in Telegram highly involved with the project. We have between 3 and 5 projects that contact us per day to ask us about our Vaults and developments. The development and contracts are almost finished. We have influencers all around the world interested in promoting the project.
But the most important thing we have is the growth of the development team. We have all people who have developed successful projects in the past with experience in DeFi ecosystem and above all with work ethic that sets them apart from the rest
4) Could you share a bit about security and also what benefits you provide to incentives user’s choosing your Platform?
Ans: Safety is priority # 1 for us. We are going to be audit before launching and in addition to that, we add extra security to the platform. Investor safety and confidence are priority # 1.
Also, the most important here is that all funds are safe in the blockchain, that is not something we must worry about. Remember that the website is just a petty face, and all the hard work is on the backend and in the blockchain
5.Whats the total supply of the token ? Could you share a detailed tokenomics of mainnet token’s supply distribution
Ans: The LORY token doesn’t have a max supply, however deflationary mechanisms are installed such as buyback & burn and scheduled burns, and more will be coming to ensure the growth of the protocol by safeguarding the value to the community holders. By building these mechanisms we aim, in time, to making deflation higher than emission.
Live Q&A
1.Audit is important for both trust and security? Have you done any audit of your project
Ans: In Yield Parrot we know that trust and security are some of the most important things of the project. We have plans to do not one audit, but three! It´s very important to make all the Yield Parrot users feel safe and demonstrate to our community that we are a highly professional project
2.Many new projects develop well at first, but then fail to achieve good results. How will you manage and develop your project to gain a position in the market and become a good project in the blockchain industry?
Ans: The good thing about Yield Parrot project is that we don’t have to sell something unuseful, instead, we offer the best APR for your favorite tokens! That’s why people will feel really attracted to invest in it. But also we have great marketing plans for Yield Parrot along with big partnerships to make this incredible project the best ever🚀
3.️Is your project GLOBAL or LOCAL? What are your plans to expand it to all over the World? Can we joint your great project from anywhere in the world???
Ans: Our project is global. As I said, we have a team where everyone has worked in previous successful projects on DeFi. That gives us a big list of important contacts that allow us to reach all the world. We have plans to make big partnerships and have promotions with influencers all around the world
4. with our specially designed smart contracts, you can earn extraordinary rewards from #yieldparrotfinance !!!
Could you please describe about it ???
Ans: We have designed some innovative financial strategies in our smart contracts that will allow our users to achieve the highest profits on the market. For example, we develop a mechanism in which we not only take advantage of compounding, but we can get double compounding!
We develop highly efficient algorithms so that the profits are extraordinary
5.Partnership is always an important factor for every project. So who is your partner? What are the benefits you get from those relationships?
Ans: Great question! Partnerships are one of our strongest advantages. We have a detailed plan in which we are going to create world-class partnerships that will take us to the top of the DeFi ecosystem. I suggest you stay tuned for our next news, you will be able to see the first signs of these partnerships on the platform where we will do the IFO
More Information: https://t.me/yieldparrot