Paribus (PBX) Listed for Trading on Cardano (ADA) DEX Minswap
In a recent development, Paribus (PBX) is now listed on Cardano (ADA) DEX Minswap, making it the second Cardano DEX to list the coin for trading. The community has welcomed the PBX Minswap listing, because it gives more accessibility to the coin to Cardano users who prefer to trade on decentralized exchanges.
Open Question on Paribus PBX Total Supply
However, the community has raised one question: how will the team calculate and update the total supply of PBX across different networks? As per reports, 10 billion coins were minted on Cardano and 500 million coins circulate on Ethereum. In addition, the Paribus team has not explained how it will manage this across the existing protocols and the various new ones they may launch on in the future.
Meanwhile, over the last month, the launches of PBX on Wingriders and Minswap have occurred.
Where the Paribus PBX Supply Sits
Cardano (ADA) 10,000,000,000 $PBX coin Mint: https://cardanoscan.io/token/cc8d1b026353022abbfcc2e1e71159f9e308d9c6e905ac1db24c7fb650617269627573?tab=minttransactions
Ethereum (ETH) 500,000,000 ERC20 circulating supply of coins: https://etherscan.io/token/0x5911963e5bdedcc5c0b743f62233c9ffd6f6a903
The PBX Minswap Listing Outlook
Despite these concerns, people see the listing of PBX on Minswap as a positive step forward for the coin. Also, it will help in expanding its reach and attracting more users to the Paribus ecosystem. The Paribus team has assured the community that they are working on resolving the supply calculation and update issue, and more information will be shared in due course.
Finally, the listing of PBX on Cardano DEX Minswap is a promising development for Paribus, and it will be interesting to see how the coin performs in the coming weeks and months.
Key Takeaways
- PBX is now listed on Cardano DEX Minswap, the second Cardano DEX to list the coin.
- Reports say 10 billion coins were minted on Cardano and 500 million circulate on Ethereum.
- The community is asking how the total supply will be calculated and updated across networks.
- The Paribus team says it is working on the supply calculation and update issue.
Related Reading on Creative Geniusess
- Paribus (PBX) Live on Cardano (ADA) Wingriders DEX, on Paribus going live on the Wingriders DEX.
- What is Paribus (PBX) and what are the Tokenomics?, on the lending markets Paribus has created.
- Paribus (PBX) Has Burned 1.2 Billion coins, on the ongoing burn schedule.
- Minswap (MIN) and the Best Decentralized Exchange Built on Cardano, on the open sourced and audited AMM DEX.
