About Paribus Airdrop
Paribus Airdrop is a cross-chain borrowing and lending protocol for NFTs, liquidity positions, and synthetic assets, powered by the Cardano blockchain. Paribus is giving away a total of $5,000 worth of PBX to 50 lucky giveaway participants. Sign up for the giveaway and complete simple social tasks to earn entries. A total of 50 participants will be randomly selected to win $100 worth of PBX each.
| Basic | Details |
|---|---|
| Token Name | Paribus Airdrop Airdrop |
| Ticker | ETH |
| Airdrop End | 2022-04-08 |
| Total Value | $5,000 PBX |
| KYC | KYC Is Not Requirement |
| Whitepaper | Click Here To View |
| Max. Participants | Unlimited |
| Collect Airdrop | Click Here To Collect Free Airdrop |
Step-by-Step Guide:
- Visit the Paribus giveaway page.
- Submit your details and sign up.
- Now complete the simple tasks to earn entries.
- Submit your ERC-20 wallet address.
- A total of 50 participants will be randomly selected to win $100 worth of PBX each.
Invest in DeFi,redefine your yield
A cross-chain borrowing and lending protocol for NFTs, liquidity positions, and synthetic assets, building for the Cardano blockchain.
Interoperable Value Leveraged
As DeFi moves forward, innovators are uncovering transformational ways to store and represent value on-chain.
Paribus’ mission is to unlock the true potential of these assets, evolving them into interoperable financial instruments, capable of being used within DeFi protocols, on any chain.
FASTER THAN ANYONE IMAGINED
DeFi is consuming the traditional investment landscape and bringing new utility to areas that have remained unchanged for decades.
If it can be sold, there is a market value. If it has value, it can be modeled.
Paribus Airdrop is the protocol that brings all of these forces together, offering DeFi holders and investors a platform to extend the reach of their digital assets and positions, doubling down on their earning power.
Paribus Capture
As per nature of decentralized and DAO projects and in the spirit of open source development, all of Paribus source code will be made public and free to use after audits and rigorous testing. Paribus will of course inherit all de facto standards of decentralized dApps such as being non-custodial, trustless, permissionless, and of course censorship resistance. They have identified an array of basic applications, enumerated below:
NFT collateral-based loans – Borrow against investments to free up capital
NFT Staking – Pool value with other like-NFTs to earning yield on these assets
P2P and Pooled Lending – NFT ownership becomes flexible and optimized
LP collateral-based loans – Borrow against AMM liquidity positions
LP staking – Staking pools for LP tokens from multiple blockchain liquidity pools
Lend, borrow or stake synthetic assets – capital efficiency, flexibility, cross-chain
PBX token profit sharing – earn fees collected by the network, tiered staking
The Fungible and Non-Fungible
Tokens are blockchain assets which are managed and housed using cryptographic addresses and smart contract technologies. Many of them share the same properties and can be categorized under a common standard, most notably, ERC-20. ERC-20 tokens are fungible and easily exchanged, like for like.
Paribus Airdrop are largely responsible for the asset class that is crypto as early on, they mimicked money but with preferred features, such as censorship resistance and non-inflationary supplies. NFTs & Synthetics:
The Fungible and Non-Fungible On the other hand, non-fungible tokens or NFTs have varying sets of properties and a uniqueness which makes them proverbially “one of a kind.” One can not trade one-for-one while one Bitcoin is always one Bitcoin. Thus, NFTs can have associated values which only a marketplace can define. Some examples of these would be:
Digital art
Virtual land
Music
Crypto collectibles
Customizable Gaming Rewards/In-app use
Domain names — Ethereum Name Service-ENS
Smart contract insurance policies
The PBX Token
PBX is Paribus’ native governance token, allowing holders to create and vote on proposals relating to protocol guidance. The PBX token’s ultimate goal is to align the incentives across the Paribus yield protocol, creating a codified harmony between stakeholders, the protocol itself, and the security of the assets contained within it. PBX token holders are also entitled to a percentage of fees earned by the protocol, relative to their stake. The bigger the stake, the greater the tier, and the larger the percentage earned.
Owners of Paribus Airdrop can create and vote on various proposals with the goal of improving the protocol. Creating this feedback loop will help incentivize positive changes and further the relationship between the protocol and the stakeholders. Additional features of the PBX token is its fee sharing aspect. Holders will be able to gain a percentage of fees generated. This will be distributed proportionately to those who have more tokens. Stakeholders benefit by receiving value for holding all while encouraging continual holding.
