ParaSpace, An NFT Lending Protocol, Intends To Issue Governance Tokens In The First Quarter Of 2023
Parallel Finance, a Polkadot ecological DeFi platform, revealed on Twitter that ParaSpace plans to switch to time-locked contracts by December 16 and build a forum for team and community solutions.
Parallel Finance, a Polkadot ecological DeFi platform, said on Twitter that ParaSpace aims to move to time-locked contracts before December 16 and establish a forum to allow the team and community to offer solutions.
Furthermore, the initial intention to issue governance tokens and establish a DAO in the second quarter of 2023 will be pushed back to the first quarter.
Within 2-3 weeks of the mainnet’s launch, ParaSpace would transition to a time-locked contract.
The team has spent time researching solutions and hopes to transition to a time-limited contract by December 16th. The initial parameters will need to be fine-tuned until staking rewards settle.
As a decentralized system, it is critical that users of ParaSpace be able to participate in debates and choices regarding any changes made.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
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ParaSpace, An NFT Lending Protocol, Intends To Issue Governance Tokens In The First Quarter Of 2023
Parallel Finance, a Polkadot ecological DeFi platform, revealed on Twitter that ParaSpace plans to switch to time-locked contracts by December 16 and build a forum for team and community solutions.
Parallel Finance, a Polkadot ecological DeFi platform, said on Twitter that ParaSpace aims to move to time-locked contracts before December 16 and establish a forum to allow the team and community to offer solutions.
Furthermore, the initial intention to issue governance tokens and establish a DAO in the second quarter of 2023 will be pushed back to the first quarter.
Within 2-3 weeks of the mainnet’s launch, ParaSpace would transition to a time-locked contract.
The team has spent time researching solutions and hopes to transition to a time-limited contract by December 16th. The initial parameters will need to be fine-tuned until staking rewards settle.
As a decentralized system, it is critical that users of ParaSpace be able to participate in debates and choices regarding any changes made.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join us to keep track of news: https://linktr.ee/coincu
Website: coincu.com
Chubbi
Coincu News
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