TechFlow News — Jay Yao, advisor to ParaSpace's NFT lending protocol, announced on Twitter that he and other team members have resigned from their positions earlier today. While they are still working to finalize a solution, internal matters have affected users; however, this should have been handled internally rather than becoming a public issue.
Previously, ParaSpace founder Yubo stated that the project is collaborating with institutions to enhance platform liquidity and reduce interest rates. An international team will be established in the future, offering greater transparency to the community. ParaSpace has successfully deployed its protocol on the Arbitrum network and will further collaborate with the Arbitrum team.
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