PARKOUR FINANCEVault over the
interest rate.
Parkour Finance is a lending protocol in development on Base. Deposit collateral, borrow USDC, and pay one flat initiation fee instead of interest that compounds for as long as you hold the position.
Variable rates make borrowing
a position you have to manage.
Most DeFi lending prices debt on a utilisation curve. When borrowing demand rises, so does your rate — on a loan you already opened. A position that made sense in the morning can be underwater by evening, and the only way to stay safe is to watch it.
Debt that moves
Interest accrues continuously and the rate itself changes with pool utilisation. Total cost depends on how long you hold and what everyone else does while you hold it.
Debt that sits still
A single initiation fee is added when the vault opens. After that the balance is fixed. Hold the loan for a week or three years — you owe the same amount either way.
Four steps, one fee.
Each market pairs one collateral asset against one borrowable asset, so trouble in one market cannot spread to another.
Deposit
Lock ETH or cbBTC into an isolated vault as collateral.
Borrow
Draw native USDC against it, up to the market's loan-to-value limit.
Hold
A one-time fee is added to the debt at opening. Nothing accrues after that.
Repay
Settle the same balance you were quoted and withdraw your collateral.
One billion tokens. Fixed supply.
No burn mechanics and no emissions games. Protocol revenue arrives as USDC from initiation fees and is redistributed to stakers rather than used to buy back and destroy supply.
Total supply 1,000,000,000 $PRKR · 18 decimals · Base ERC-20
What the token is for
Fee discount
Staking reduces the vault initiation fee from 0.5% toward 0.1%.
Revenue share
A portion of initiation fees is distributed to stakers in USDC.
Pool incentives
Stability pool depositors earn boosted $PRKR on top of liquidation proceeds.
Governance
Votes on collateral types, loan-to-value limits and fee parameters.
Earn your allocation
before the vaults open.
Complete social tasks, check in daily, and invite your crew to earn $PRKR points inside the Telegram Mini App. Points convert to tokens at the token generation event.
Where this is going.
Dates are targets, not guarantees. Audit outcomes in particular can move everything after them.
Phase 1 — The Community Run
- Telegram Mini App with off-chain point ledger and social quest engine
- Two-tier referral rewards, daily streaks and leaderboards
- Base wallet binding, linking Telegram accounts to payout addresses
Phase 2 — Snapshot and token generation
- Point ledger frozen at snapshot on 15 October 2026
- Independent audit of the $PRKR token contract before deployment
- Token generation event and claim portal, 16 November 2026
- Initial DEX liquidity deployed on Base
Phase 3 — Protocol audits and testnet
- Independent audits of the vault, liquidation engine and stability pool
- Public testnet on Base Sepolia with open vault testing
- Incentivised bug bounty programme
Phase 4 — Mainnet launch
- Core vaults live with ETH and cbBTC collateral
- Stability pool activated as the liquidation backstop
- Staking portal with USDC revenue share
Phase 5 — Collateral expansion and governance
- Additional Base-native collateral, including cbETH and AERO
- Governance transition, handing parameter control to token holders