synthetics

Paribus: Mainnet Ver.1 Live

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Time Stamp: March 28, 2023 4:18 PM - Modified On: March 28, 2023 - Published By:
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Republished By Plato

The creators of a brand new cross-chain decentralized borrowing and lending protocol are set to release their Mainnet v1 today, March 28th. The launch marks the first step in their journey to be the go-to borrowing and lending platform for NFTs. Initially, the protocol will offer wBTC, ETH, and USDT, however, engineers are currently working on integrating NFTs into the next iteration of the protocol. The unique approach Paribus takes toward these more exotic assets is to leverage artificial intelligence (AI) and machine learning (ML) systems to assess an accurate

Paribus Twitter Town Hall Sept 15th, 2022

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Time Stamp: September 14, 2022 2:39 PM - Modified On: September 14, 2022 - Published By:
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Republished By Plato

Paribus, a DeFi borrowing and lending platform, has recently announced a Twitter Space “Town Hall Event” set to take place Thursday September 15th at 5:00 PM UTC. These important events connect the project founders to the community in an open style communication session. These virtual gatherings take place only 1 to 2 times per month. The general format starts with an overview of Paribus’s recent accomplishments and is then followed by informative announcements. These announcements have regularly been sneak peeks or insight into future plans before public announcements are made.

Paribus: DeFi Protocol for Exotic Digital Assets

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Time Stamp: August 8, 2022 4:12 PM - Modified On: August 8, 2022 - Published By:
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Republished By Plato

DeFi protocol Paribus announces the launch of their testnet MVP, the beginning of a new approach to DeFi. Secure, trustless, and truly decentralized, Paribus users will be able to borrow against previously illiquid digital assets such as NFTs. Put simply, Paribus is a cross-chain, DeFi borrowing and lending protocol. With the unique selling point of allowing exotic assets like NFTs, LP tokens, virtual lands and synthetics to be used as collateral for loans. The platform will also utilize standard crypto assets. Being cross-chain, Paribus will be on multiple chains but