The defunct NFT lending platform Parallel Finance charged non-technical users a $500 "fee" to withdraw assets

ChainCatcher news, according to Protos, the defunct NFT lending platform Parallel Finance is charging users a fee of $500 to help them withdraw assets from the platform. Since Parallel Finance stopped supporting its NFT lending products after a six-month notice period, over $800,000 worth of "blue-chip" NFTs remain locked in its smart contracts. With the platform's front-end support abandoned, non-technical users are unable to manually withdraw their tokens, while the Parallel team is charging high fees to assist them in extracting their assets. Yuga Labs' 0xQuit emphasized this predicament on X and released a step-by-step guide for manually withdrawing assets using the Etherscan blockchain explorer.