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According to PANews news on July 24, ParaSpace tweeted that between July 3 and July 4, the assets of a small number of users were liquidated at prices below the floor price. We have contacted all affected users and reimbursed them for the price difference. This happens due to the Dutch auction being run on the back end without showing the asset being auctioned on the front end. When liquidation is triggered, a successful purchase of an NFT will terminate the auction.

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