Paribus

Paribus is the first cross-chain lending platform on Cardano. Paribus will use its first dynamic interest rate algorithm to release liquidity across the chain through a range of crypto assets such as NFT, synthetic securities, virtual land and liquidity positions. If an asset can be verified, it has a market value and can be sold. While decentralized financial applications have reshaped the investment industry, alternative assets such as NFT are not optimally utilized through existing DeFi protocols. Paribus aims to change this by redefining the value of these previously challenging assets, providing tiered leverage across agreements, and increasing the profitability of DeFi investors in any chain.