Paribus IDO Will Be Hosted By CardStarter

CardStarter, the world’s leading incubator, launchpad and insurance program for Cardano projects, is pleased to launch the IDO for Paribus, a Cardano cross-chain borrowing and lending protocol for NFTs and other alternative assets.

Paribus’ governance token, $PBX, gives holders the power to submit and vote on proposals suited to the development of the protocol. As an added incentive, token holders will also be able to stake their tokens to receive a portion of fees earned by the platform. Rewards will be delegated in a tiered system, determined by the quantity of tokens staked.

IDO DETAILS:

• IDO REGISTRATION—August 4, 2021
• TIME—8:00 AM PST/ 3:00 PM UTC
• IDO EVENT—August 11, 2021
• TIME—8:00 AM PST/ 3:00 PM UTC

“Paribus is pioneering the building of decentralized finance infrastructure for the Cardano ecosystem. CardStarter is proud to play a part in this important development.”—Amir Aatash, CEO CardStarter

ABOUT CardStarter
CardStarter is the first incubator, launchpad and insurance program for projects being built on the Cardano network. The CARDS platform is a unique and dynamic launchpad, connecting projects to early supporters and a network of key partners.

ABOUT PARIBUS
Paribus is a cross-chain borrowing and lending protocol for NFTs, liquidity positions, and synthetic assets, powered by the Cardano blockchain

RESOURCES
Medium
Twitter

Source: https://thebittimes.com/paribus-ido-will-be-hosted-by-cardstarter-tbt1021.html?utm_source=blogger_source&utm_medium=blogger_medium&utm_campaign=blogger_cam

Category: DeFI News

Post by: TheBitTimes.com