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11/20/2021

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Paribus Native Staking Program

After much anticipation we’re delighted to announce the Paribus team has completed their work on native staking. For the past few weeks we’ve adjusted the emphasis of the team’s workflow to shift focus onto the staking program, ensuring we could complete the work as our top priority. Now we’re able to share the news that the development from our side is complete.

Paribus Native Staking Program


After much anticipation we’re delighted to announce the Paribus team has completed their work on native staking. For the past few weeks we’ve adjusted the emphasis of the team’s workflow to shift focus onto the staking program, ensuring we could complete the work as our top priority. Now we’re able to share the news that the development from our side is complete.

We decided after listening to feedback from the community that staking was a key priority as it avoids the risk of impermanent loss that can occur during liquidity farming. In addition it actively encourages and rewards those who HODL PBX and we wanted to support that aspect of our community as they share the same long-term view of the project as we do.

What’s Next?

In order to prioritize the staking aspect of our development we rescheduled the release of the MVP by a few weeks and will keep you updated regarding its development in future posts. In the meantime, we’re able to share with you further details of the reward incentives for staking along with some images showcasing the dark mode of our upcoming MVP.

Staking Tiers

Aurum: 365 days staking, 20% APR. Requirements 1,000,000+ PBX

Pool limits — 200,000,000 PBX

Argenti: 180 days staking, 15% APR. Requirements 500,000–1,000,000 PBX

Pool Limits — 150,000,000 PBX

Aereus: 60 days staking, 10% APR Requirements 50,000–500,000 PBX

Pool Limits — 100,000,000 PBX

User Interface Showcase





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ORIGINAL SOURCE

https://medium.com/@paribus_io/paribus-n...

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