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What is PAR (Parachute)
Parachute was launched with the goal of giving people better access and integrations with their cryptocurrency. The team aims to put the world's best DeFi tools inside one app that lives in the places where people chat. The PAR token is used throughout Parachute products to interact with DeFi applications. Their global payment app, ParJar, has over 40k users and 1.6m transactions.
Token status and distribution
Total supply: 999,628,334 PAR