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

2023-05-11 20:54:39
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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)

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