Parallel Network, a full-chain L2 network, said that Parallel decided not to support its lending market due to the lack of market liquidity for the Etherdeed Expanded NFT assets on Blur.
The following changes have been made in the Parallel Lending Marketplace:
1. With the LTV value adjusted to 0, users can no longer borrow on the Parallel Lending Platform with the LTV value of the Expanded platform.
2. The supply of this asset has been disabled on the front end.
Note: Users can still repay their existing positions in Anydeed Expanded.
Thank you for your understanding and cooperation.
This is the last tweet in that thread.
Parallel Network: Lending Markets No Longer Supported on the Blur for Etherdeed Expanded
2024-06-24 11:13:55
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