Paribus mainnet update

The Paribus MVP mainnet’s release is nearing completion. We are adhering to our plans to keep PBX a deflationary token as we fulfill our development promises. The number of tokens to burn is determined, as before, by our algorithmically defined Deflationary Volume Incentive.

Our algorithm determines the appropriate quantity of PBX to be removed from the ecosystem after taking into consideration the amount of PBX traded across all markets. The tokens are permanently destroyed after being burned, resulting in a gradual decrease in the total number of PBX.

We will begin to generate PBX for the burns from transaction fees rather than the initial ecosystem as soon as the Paribus MVP is made available on the mainnet. To safeguard the value of our ecosystem, the quantity of PBX will fluctuate monthly in accordance with trading volumes and the algorithm's adaptation.

51,456,328.76 PBX is the amount that has been calculated for this cycle! At current prices, this amount equals $124,580.92.

The transaction can be seen in the link below:

https://etherscan.io/tx/0x57cd629f54e6105841d8be3801f33fbed689c496ac507c4c97ac8da7631d5aad

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