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Parallel Network: Lending market no longer supports Otherdeed Expanded on Blur

CointimeCointime2024/06/24 11:22
By:Cointime

The full-chain L2 network Parallel Network has announced that it will not support the lending market for Otherdeed Expanded NFT assets due to the lack of market liquidity on Blur. The following changes have been made to Otherdeed Expanded in the Parallel lending market: 1. The LTV of Otherdeed Expanded has been adjusted to 0, and users can no longer borrow on the Parallel lending platform using Otherdeed Expanded. 2. The supply of this asset has been disabled on the front end. Note: Users can still repay their existing holdings of Otherdeed Expanded. Thank you for your understanding and cooperation. This is the last tweet in this thread.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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