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Paribus (PBX) is a new project, launched very recently and it's listed on KuCoin, Uniswap (V2 and V3) and 0x Protocol.
Some features of Paribus:
- Staking and collateralized loans for NFTs & liquidity positions
- Leveraging yield-bearing assets in collateralized loans
Their twitter account specify:
Paribus is a cross-chain borrowing and lending protocol for NFTs, liquidity positions, and synthetic assets, powered by the Cardano blockchain.
My previous article I wrote about when I like to buy a token: during the formation of a Cup and Handle.
And Paribus (PBX) is a perfect example.
The token is going on a downward side, forming (probably) the bottom of the cup.
Paribus (PBX) is a token with good fundamentals, powered by Cardano, and for many people Cardano is a religion.
So as long as Cardano lives, Paribus will too.
CONCLUSION
Paribus (for me) is a buy, it has a total supply of 10,000,000,000 tokens, and I see at least a x50 (or even a x100) run.
Recently @tehMoonwalkeR added PBX to his silver list (token with great potential).
Paribus is a token to keep an aye on, and if you are interested in it you should do some research over it.
TRADE WELL!
PLEASE REMEMBER
DO YOUR OWN RESEARCH before investing your money.
PS: I’m not a financial advisor, never invest all your money in crypto
