2️⃣ ParaSpace has pioneered a cross-margin credit system that allows users to lend against all collateral with one credit limit. Staking NFT assets will generate a credit limit and a health factor. If the health factor remains above 1, the liquidation auction will not be triggered. The credit system is similar to a valuation system, assessing the value of all collateral and automatically approving loans. As long as the collateral type is supported by ParaSpace, loans can be made based on the total value. That is, the cross-margin full position leverage mode is adopted. In addition, users can package their asset portfolio as collateral when borrowing through ParaSpace, and the maximum amount that can be borrowed is based on a weighted collateral factor.

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