Parallel Network announced that the Parallel L2 token collection program has ended and will retain a snapshot of all user token data. After the program ended on July 24th, 2024, assets on the Parallel L2 chain will no longer generate new Parallel tokens. Parallel will focus on its core areas and enter a new development phase. Starting from August 5th, 2024, Parallel L2 will enter a maintenance phase, 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.

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