ParaSpace Lending V1 Review: Is It Safe to Use?
ParaSpace Lending V1 is described as a cross-margin lending protocol for NFTs and tokens. Its current availability, fees and security details are unclear, so verify them before connecting a wallet.
By the SkyBitcoins review team · Updated
At a glance
ParaSpace Lending V1 key facts
| Type | NFT and token cross-margin lending |
|---|---|
| Chains | Ethereum, Arbitrum, Polygon, zkSync Era, Moonbeam |
| Token | None listed |
| Audits | Two listed; details not identified |
| Value locked | $110K−1.9% 7d |
| Updated |
ParaSpace Lending V1 FAQs
What is ParaSpace Lending V1?
ParaSpace is described as a permissionless, peer-to-pool lending protocol. It lets users combine ERC-721 NFTs and ERC-20 tokens as collateral in one portfolio to borrow.
Which chains does ParaSpace support?
The listed networks are Ethereum, Arbitrum, Polygon, zkSync Era and Moonbeam. Confirm that the app and the market you intend to use are currently live on your chosen network before sending assets.
Is ParaSpace Lending V1 audited?
Two audits are listed, but the audit providers, reports and scope are not identified. That is not enough to determine whether the contracts you would use were audited or whether issues were fixed.
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How we checked
Sources
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