DeFi project Parrot conducted a controversial vote on Solana, planning to redeem the governance token PRT at a low price. Investors panicked over the team's unfulfilled promises, and mistakes could cost tens of millions of dollars. The situation highlights the drawbacks of funding crypto protocols through unregulated token offerings. If Parrot's plan succeeds, the token value will drop significantly. Investors estimate that the redemption program will return approximately $50 million to PRT holders and retain $2,100 of them for insider equity. Polls so far show overwhelming support for the donation, but have also drawn some criticism and anger.