ParaSpace Public is a cutting-edge NFT Financialization Protocol that enables users to borrow $ETH, stablecoins, and supported ERC-20 tokens using a variety of crypto assets such as Blue-chip NFTs, ERC-20 tokens, and Uniswap V3 LPs. Together with its affiliate Parallel Finance, ParaSpace aims to bring web3 and Decentralized Finance to a billion people. NFT owners can utilize ParaSpace to lend and borrow ERC-20 fungible tokens against a diverse array of non-fungible assets, while ERC-20 holders can earn yields by lending against these NFT investments.
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About ParaSpace Testnet
Join the live Testnet now for a chance to participate in a potential Retroactive Airdrop after the Token Generation Event (TGE)! Parallel Finance ($PARA) is a cross-margin NFT Financialization Protocol that allows users to borrow $ETH, stablecoins, and supported ERC-20 tokens using various crypto assets such as Blue-chip NFTs, ERC-20 tokens, and Uniswap V3 LPs. With a mission to bring web3 and Decentralized Finance to 1 billion people, PARA enables users to lend and borrow ERC-20 fungible tokens against a diverse array of non-fungible investments, while ERC-20 holders can earn yields through lending against those NFTs.
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Disclaimer: This content is for educational and informational purposes only and does not constitute financial advice. Conduct thorough research before making any deposit/investment decisions (DYOR).
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