ParaSpace: Users who liquidated assets below the floor price have been compensated for the price difference

ChainCatcher news, the NFT lending protocol ParaSpace tweeted that between July 3 and July 4, a small number of users' assets were liquidated at prices below the floor price, and affected users have been contacted and compensated for the difference.

This occurred because the Dutch auction was running on the backend without displaying the assets being auctioned on the frontend. When the liquidation was triggered, successfully purchasing the NFT would terminate the auction.