The Parallel L2 token collection program has ended, entering the maintenance phase from August 5th.

According to official sources, Parallel Network announced that the Parallel L2 point collection plan has ended and will retain a snapshot of all user point data. After the plan ended on July 24, 2024, assets on the Parallel L2 chain will no longer generate new Parallel points. Parallel will focus on its core areas and enter a new development stage. Starting from August 5, 2024, Parallel L2 will enter the maintenance stage, during which only withdrawal-related functions will be available. The following pages will enter maintenance mode: Parallel L2 Wallet, Parallel L2 Bridge, Parallel L2 Airdrop Page, Parallel L2 Lending, and Parallel L2 Swap. To ensure the liquidity and security of user assets, it is recommended to withdraw relevant assets from Parallel L2 and Parallel Lending before the maintenance period begins. For users who have not withdrawn assets before August 5 (excluding $ETH token withdrawals), official data of on-chain assets up to August 5 will be retained, and manual withdrawal services will be provided for three weeks from August 5 to August 26. It is important to note that for $ETH token withdrawals, due to a 7-day redemption period and the need for manual final confirmation after this period, please redeem all $ETH tokens before July 26. Withdrawals initiated after this date will not be finally confirmed, and the complexity of manually redeeming $ETH tokens may limit the liquidity of user assets.