ParaSpace Public Testnet is Live! Participating in the Testnet may qualify you for a chance to be included in the probable Retroactive Airdrop after TGE in the future!
About ParaSpace
ParaSpace is a cross-margin NFT Financialization Protocol that allows the users to borrow $ETH, stablecoins and supported ERC-20 tokens against a variety of crypto assets including Blue-chip NFTs, ERC-20 tokens and Uniswap V3 LPs.
Along with sister company Parallel Finance ($PARA), they seek to bring web3 and Decentralized Finance to 1 billion people.
ParaSpace allows NFT owners to Lend & Borrow ERC-20 fungible tokens against a wide range of non-fungible investments, and ERC-20 holders can collect yields in lending against those NFTs.
How to join the ParaSpace Testnet Airdrop?Requirements to earn free crypto coins
Native blockchain
Step-by-Step Guide ''ParaSpace Testnet''
Testnet Registration will last until November 28. The ranking system has 3 levels: The Traveler, the Explorer and the Settler:
- Join the ParaSpace & Parallel Finance Discord servers.
- Follow @ParaSpace_NFT on Twitter + Retweet this Tweet.
- Switch your Metamask wallet to the Arbitrum One network. You will need to have some $ETH Arbitrum to cover small gas fees.
- Register for a ParaSpace Traveler Role on Galxe & Claim the ParaSpace Traveler NFT badge. A small gas fee will apply in $ETH ARB.
- Go back to the Parallel Finance Discord Server, find the #collabland-join channel and Click “Let’s go!” to start the wallet verification process.
- Connect your wallet switched on Goerli Testnet to the ParaSpace App & Click on "Get Test Tokens". A Gas fee will apply in $ETH Goerli.
- Now, go to the ParaSpace DeFi Testnet platform & Supply your NFTs + Supply & Borrow ERC-20 tokens.
- Now, Register for a ParaSpace Explorer Role & Claim the ParaSpace Explorer NFT badge.
- Go back to the #collabland-join channel and Click “Let’s go!” to start the wallet verification process again. You will see both roles have been granted.
- Optional: Register for the ParaSpace Settler Role. You must be active and helpful with others members and provide #Feedback OR Join the invite leaderboard competition by inviting friends to the ParaSpace Discord. In addition, many feedback contests and more future community competitions will happen on the Parallel Finance Discord server. The number of Settlers is limited to 200 units.
▪️ If you have any questions while using the Testnet, please refer to the Testnet Guide. Please, note that there is no guarantee that they will Airdrop $ParaSpace tokens, but it has been hinted that they may have a Retroactive Airdrop. Good luck to all explorers. May you enjoy your trip!
When using decentralized applications (ÐApps), it’s critical to remember that YOU are responsible for the security of your digital assets!
Disclaimer: This content is not intended to be financial advice. Investors should take the time to research any given product before they invest their funds (DYOR).
Social Share for