ParaSpace Founder: Establish a platform points system to incentivize new liquidity and offset current borrowing costs

2023-05-11 20:54:39
Collection

ChainCatcher news, ParaSpace founder Yubo posted to indicate that, for the sake of transparency, he is revealing a few things that he and the team have been working on today: 1. Establishing a points system to incentivize new liquidity and offset current borrowing costs 2. Collaborating with large liquidity providers to reduce borrowing rates 3. Issuing legal letters to those engaged in criminal activities 4. Working with Twitter to recover stolen accounts 5. Hosting a new Space tonight to keep the community updated 6. Releasing a new report showcasing the protocol's security and debt repayment history 7. Partnering with a new crisis management agency (source link)

Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
ChainCatcher Building the Web3 world with innovators