According to reports, Paribus has burned a total of 1264545901 PBX tokens as part of its ongoing burn schedule. This equates to a value of $1.4 million at the time of writing this article. It is important to note that this burn schedule is not a one-time event, but rather a regular occurrence on the Paribus platform.
In the face of market turbulence this month, Paribus has reiterated its commitment to being a deflationary token. According to the company's announcement, the current burn amount is sourced from the Paribus ecosystem, as the public MVP is yet to be released.