This proposal seeks to close the bidirectional HRMP channel between Acala and Parallel Finance parachain (Para ID 2012) in response to the recent Moonbeam attack.
Closing this channel will halt XCM communication between Acala and Parallel Finance, meaning bridged assets will no longer be transferable between the two chains.
It is recommended to keep the channel closed until the Moonbeam attack has been fully investigated and the issues have been resolved.
That makes sense, Parallel is almost dead. AYE.