We’re excited to introduce ParaX, a new Web3 Super App resulting from the merger of ParaSpace and Parallel Finance. Powered by account abstraction and zkVM, ParaX is more intuitive, more gas efficient, and more secure. In order to utilize ParaX, you must manually migrate your positions from ParaSpace.
The ParaSpace V1 app will close all Supply, Borrow, Ape Staking, BNPL, Points, and other functions. If you do not migrate by the specified time, you will no longer be able to use these functions, however you will still be able to withdraw and claim your assets.
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