PBX: Native Staking Preview
As Paribus continues its ascension and progression towards MVP, the team has maintained their focus on making decisions that will be most beneficial for the community.
As Paribus continues its ascension and progression towards MVP, the team has maintained their focus on making decisions that will be most beneficial for the community. With this in mind, we have prioritized the utility of PBX by concentrating on PBX native staking. This move will reward current holders and incentivize others to participate in HODLing. Given the shift in focus to staking and availability of an audit block from Hacken or Certik, the MVP will most likely be delayed by a few weeks. Security is paramount to the stability and growth of the project. Thus, we believe that the benefits will outweigh the costs and that this decision will be in sync with the best interest of our community and the project’s longevity.
The Paribus staking portal is being built in-house, in a methodically constructed manner, and designed to be aesthetically pleasing. We are moving forward at a rapid rate, and nearing completion. The final release date of staking is still to be announced. We will communicate more details about this next week, but we can reveal that the APR will range from 10% to 20% depending on the amount. The focus of this article is to provide our community with a preview of what’s in store. In this regard, we will now show the look and feel of the user interface. Please take a look at the Paribus staking UI:
We hope you enjoyed the sneak peek into the upcoming Paribus staking. There will be more updates soon in regards to details around pool limits and when staking will be available. We look forward to the road ahead.
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