Paribus is a Cardano-based lending/borrowing platform that supports conventional and unconventional crypto assets to let users unlock liquidity and interact with markets without liquidating holdings. If anything can be sold, it has a market worth. If it’s valuable, model it. Our offer and attitude is to support assets like as USDT(ERC20, BEP20, TR20), but also increase our capabilities to enable NFTs for art or Virtual Land based on Decentraland.
Innovators create new ways to store, represent, harness, and exploit on-chain value. To realise their full potential, these assets must expand. Decentralized financial products are inclusive, borderless, and must be truly interoperable financial instruments, usable inside DeFi protocols on any chain.
Paribus, like most DeFi dApps, was produced by others. Consider yearn.finance and related dApps. Paribus uses “asset pools” with algorithmically calculated interest rates based on supply and demand. We’ve expanded Compound’s interest modelling beyond coins and tokens.