NFT lending protocol ParaSpace: Plans to create a DAO and issue tokens in the first quarter of next year

ChainCatcher news, the Polkadot ecosystem DeFi platform Parallel Finance announced on Twitter that ParaSpace, its NFT lending protocol, plans to transition to time-lock contracts by December 16 and launch a forum for the team and community to discuss proposals. Additionally, the originally planned governance token issuance and DAO creation, which was set for the second quarter of 2023, will be moved up to the first quarter.

It is reported that ParaSpace and the APE staking feature on its platform were officially launched yesterday. Users can stake APE through NFT lending. (source link)