Paribus is a cross-chain borrowing and lending protocol on both Ethereum and Arbitrum for NFTs, liquidity positions, and synthetic assets; $PBX is the native governance token of Paribus and gives its holders voting rights to protocol guidance.

Paribus is a cross-chain borrowing and lending protocol for NFTs, liquidity positions, and synthetic assets, powered by the Cardano blockchain. $PBX is Paribus's native governance token, allowing holders to create and vote on proposals related to protocol guidance. The $PBX token's ultimate goal is to align the incentives across the Paribus yield protocol, creating a codified harmony between stakeholders, the protocol itself, and the security of the assets contained within it.