PANews August 23 news, according to Protos reports, the now-defunct NFT lending platform Parallel Finance is charging users a fee of $500 to help them withdraw assets from the platform. Although Parallel Finance stopped supporting its NFT lending products after a six-month notice period, 'blue chip' NFTs worth over $800,000 are still held by its contracts. Due to the lack of front-end support for NFT lending, non-technical users are unable to manually withdraw their tokens, and the Parallel team charges a $500 fee to return these assets.
oSnipe founder 0xQuit emphasized this predicament on the X platform and released a step-by-step guide on how to manually withdraw assets using the Etherscan block explorer. 0xQuit discovered that there are still a large number of high-value NFTs locked on the platform. This includes 11 BAYC, 39 MAYC, and 2 Doodles. According to current floor price data, these NFTs are worth over $800,000.