Paribus enables cross-chain lending with NFT collateral and governance.
Paribus is a decentralized, cross-chain DeFi protocol enabling NFT, LP tokens, and synthetic assets to be used as collateral through advanced valuation and governance with PBX tokens.
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What is Paribus (PBX)?
Paribus is a decentralized, cross-chain borrowing and lending platform designed to unlock the full potential of various digital assets, including NFTs (non-fungible tokens), LP (liquidity provider) tokens, and synthetic assets. It enables these assets to be used as collateral for borrowing and lending. Key features include cross-chain compatibility, which allows the creation of interoperable financial products across different blockchain networks; advanced NFT valuation algorithms for instant collateral assessment, facilitating non-P2P lending and improving scalability; and decentralized governance through its native token, PBX. Token holders can participate in decision-making and earn a share of the protocol's fees based on their holdings.
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Paribus price live information
As of now, Paribus is trading at 0.000268 USD, with a 24-hour trading volume of approximately 224.61K USD. The PBX to USD price is updated in real time. Over the past 24 hours, Paribus has decreased by 3.04%. It remains the top-ranked cryptocurrency on CMC.IO, with a market capitalization of about 2.00M USD. Currently, there are 7 478 208 956.084862 PBX in circulation out of a maximum supply of 9 282 289 336.283747 PBX.
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