Artem Kostenko

Revuto is a dApp built on Cardano to help you manage and pay for your subscriptions by leveraging crypto and DeFi services. The end goal is to help users manage their subscriptions and save money.

On average we all use and pay for at least 2-3 subscriptions every month but as the subscription economy is growing by 100% year over year, we’ll spend even more money on subscriptions in the future. The problem is that we’re losing money on subscriptions we forget to unsubscribe from, on free-trial traps, on subscriptions we don’t use regularly and/or forget about. Many of us use different cards (debit/credit) to pay for subscriptions so more than ever, we tend to forget to whom, when and how much we’re paying.

In that regard, by introducing users with Cardano Native token REVU, Revuto will help them pay for their subscription charges less than they would pay them with their personal debit or credit cards.

Ultimately, by staking REVU in liquidity pools to earn yield, Revuto users will be able to provide liquidity to other Revuto users on the subscription due date(s) and make their money work for them.

If it can be verified, it can be sold. If it can be sold, there is intrinsic value. If there

is intrinsic value, this value can be leveraged. Paribus is the protocol that offers

DeFi holders and investors a platform to extend the reach of their digital assets

and positions.

In stark contrast to traditional finance, Decentralized Finance instruments have

quickly created virtual economies that are continually being developed, refined

and innovated upon. As it evolves at a blistering pace, the userbase continues to

grow—exposing flaws as well as opportunities. There is both flexibility and vulnerability to these products and the network effect is undeniable as more users flock

to the latest aggregator, compounder and the like. While forward-looking, Paribus

is focused on existing applications in both non-fungible and fungible tokens. One

of the core objectives of Paribus is to explore financial tools and products for NFTs.

The primary gateway tool to empower NFT owners is lending, which allows them

to gain access to liquidity and capital by simply locking their assets as collateral.

Legacy markets do not typically collateralize non-fungible assets, save for highly

specialized services. In DeFi however, NFT borrowing and lending as a mainstream

service is a challenging but self-evident proposition. Certainly, there are additional

applications, such as renting an asset to another user for a given period of time

and even derivative style products, offered OTC. There are also opportunities to

lend and borrow with liquidity positions. This would effectively allow users the

opportunity to generate yield while earning liquidity provider rewards. These

applications are newer in scope but emerging drivers; propelling the space

forward.

While Paribus acknowledges the more novel concepts that the chain agnostic

power of Cardano and the existing toolkit of Ethereum can bring, we have chosen

to innovate while staying in our lane. Our research has led us to a place where a

cross-chain, interoperable, Cardano powered marketplace that enables NFT lending, staking, synthetic assets, and the opportunity to leverage liquidity positions is

comprehensive and potent.

The aim of Paribus is to provide a consolidated destination in which users can

easily and freely participate in this financial revolution. To date, Dexes and lending

platforms have led the charge while exotics are slowly gaining traction. For Paribus, we are building upon what has been built and continuing to iterate forward in

the face of existing opportunities and in anticipation of demand. Non-fungible

tokens, liquidity positions and synthetic assets deserve DeFi applications wherein

holders have the opportunity to truly capitalize on their value.