According to Odaily, Parallel Network, a comprehensive L2 network, has announced that it will no longer support the lending market for Otherdeed Expanded NFT assets on the X platform due to a lack of market liquidity.
The changes have already been implemented in the Parallel lending market for Otherdeed Expanded. The Loan-to-Value (LTV) of Otherdeed Expanded has been adjusted to zero, meaning that users can no longer use Otherdeed Expanded for lending on the platform. Additionally, the supply of this asset has been disabled on the front end.
However, it is important to note that users can still repay their existing Otherdeed Expanded positions. Parallel Network appreciates the understanding and cooperation of its users in this matter. This announcement marks the last tweet in this thread.