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Parallel Network has ceased support for Otherdeed Expanded NFT on its lending market on the Blur platform.

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#DeFi
$BLUR
Odaily
286Words
Jun 23, 2024

Parallel Network has announced that it will no longer support Otherdeed Expanded NFT assets on the $Blur platform in its lending market. This decision is due to the lack of market liquidity for these assets. The implemented changes include adjusting the LTV of Otherdeed Expanded to 0, prohibiting the use of these assets for borrowing on the lending platform, and disabling the supply of this asset on the platform frontend. Users can still repay their existing Otherdeed Expanded holdings.

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