Liquidity

Breaking New Ground

October has been another strong month for our development team who are continuing to make breakthroughs with the NFT module aspects of Paribus. As we always say it’s never easy to do something that hasn’t been done before, and we’re lucky to have such a talented team of devs conscientiously breaking new ground. Even before our MVP hits the mainnet we’ll be ready to conduct in-house testing of various aspects of our NFT iteration. Frontend This month we’re pleased to announce that several areas of the frontend have completed the

The most effective crypto day trading techniques

There's no doubt that cryptocurrencies are becoming a more mainstream investment. With the rise in the value of Bitcoin and other digital currencies, more and more people are looking to get involved in trading. But what are the best techniques for crypto day trading? This article will explore some of the most effective methods for trading cryptocurrencies. Choose the suitable exchanges and trading pairs The most important aspect of crypto day trading is choosing suitable exchanges and trading pairs. There are many exchanges out there, so it is essential to

Velas Expansion Plans Boosted By GEM Group $135 Million Financial Commitment

A major new $135M financial commitment is set to supercharge Velas’ mission to make its blockchain technologies accessible to people, businesses, and communities around the world. September 28th, 2022 — Velas Network, a leading blockchain protocol and ecosystem of related software products, has today revealed details of a major new partnership with Bahamas-based digital asset investment firm GEM Group (“GEM”). The $135M financial commitment is set to help Velas Network consolidate its position as the global leader in new blockchain technologies. This will support the business to deliver on its

Going Native

A question that comes up regularly is when Paribus will transition to Cardano. Although we’ve answered this many times we recognize that every week new people join our community so we thought we’d take the time to cover the fundamentals of this issue once more. The first question we are often asked is why Paribus is an Ethereum-based token and platform if we’re building for Cardano. The reason is that when we launched our PBX token one year ago it was very difficult to access developers who could write code

The Solution to Scalability

The narrative which pervaded much of the last bull run centered around scalability issues as both Ethereum and Bitcoin experienced congestion as their popularity increased. The main problems were the speed and cost of transactions. Without addressing scalability, the concept of mass adoption was dead in the water for cryptocurrency. Solutions such as the development of the Lightning Network for Bitcoin helped its rollout as legal tender in El Salvador. For Ethereum, it was a combination of roll-ups, sidechains, and sharding that helped to maintain its growth. Whereas Bitcoin’s surge

Paribus Twitter Town Hall Sept 15th, 2022

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.

Mainnet Update

One of the silver linings, indeed perhaps the only silver lining, from the bear market disasters of the past few months has been the opportunity it afforded the Paribus development team to deploy our MVP via testnet. Even this however wasn’t free from challenges, so in this article, we dive a little deeper into what the next few weeks and months hold for Paribus. Our primary focus is to be able to transition from the testnet to the mainnet, but at the same time, we’ve also been limited by some

A DeFi Drought Crisis

Just when we thought it was safe to breathe a sigh of relief from all the crypto liquidity contagion, another one started to appear last week with BendDAO, an NFT borrowing, and lending platform. Due to structural faults in the way the protocol had been created there came a point when it was perched on the brink of insolvency. What we’ve witnessed over the past few months has been a clash between the overconfidence of some project founders and the realities of the emerging crypto market. It’s an unusual dynamic

The Evolution of AMMs

The Complex History of the Future of Finance Author: Benny Attar Ever since the dawn of financial history, markets had to be made. Tracing back to 17th century spice trading where intermediaries bought and sold shares to offer investors higher liquidity, market making has evolved tremendously. Through equities, foreign exchange rates, and even physical assets, market makers today provide liquidity and are ready to buy any asset at publicly quoted prices. However, as time passes, financial markets evolve alongside it. The past several years, we’ve seen an incredible increase in

Meta Alliance and Plato to build “AWS-of-Metaverse” with top rated cyber firm

According to expert interviews, Metaverse should be a XR convergence of work/ entertainment/ wellness services, provided in an enhanced digital form. All in one cyber protected package, including protection from 18+ content and hate speech. All corporations and households would order this kind of package, in next 9 years.Metabook XR component of this package was demonstrated in Davos and other events. The latest use case of XR promo ultra-effectiveness see in https://metaall.medium.com/new-xr-promo-is-ultra-effective-one-67cc4483ea82 Now, Metabook - Plato DAO platform is doing crowdrating of cyber security, cloud management companies, to select the

Paribus (PBX) Announces Multichain Integration and Partnership

Miami August 2022. As our regular readers know we’ve been using the extra time our testnet deployment afforded us to equip Paribus with the optimal conditions for our mainnet launch. As part of that process, we’re absolutely thrilled to share with the community that we’ve partnered with Multichain so that our PBX token can now be bridged to Arbitrum, Milkomeda, and Polygon. Cross-chain interoperability has always been at the heart of everything we hope to achieve and it’s incredible that we’ve already reached this milestone. Development teams from both Paribus