What does PAR do?

The Parachute Token (PAR) is integrated throughout our products.

1.000.000.000

PAR tokens were created at a fixed supply.

Reduced fees

PAR can be staked inside Parachute products for reduced fees associated with dApp utility.

Burn

A portion of tokens collected through fees will be swapped for PAR and burned, reducing the total supply on a rolling basis.

Company

A portion of tokens collected through fees will be returned to the company for operations.

Governance

As ParJar Wallet moves a fully DAO, staking PAR unlocks governance and distribution of fees collected through the platform.

Integrator

PAR will be used as the primary fee source for all integrations, including buying, selling, secure sending, swapping, staking, and multi-currency fiat payments.

Validation

In our first staking function, locking liquidity into the Uniswap protocol through ParJar wallet unlocks access to token distributions and token-curated groups.

Grants