ParaSpace: Provide NFT compensation that can be exchanged for ParaSpace tokens for all affected users

On March 21, it was reported that the NFT lending agreement ParaSpace disclosed the progress of attack processing and will reopen the agreement in stages. BlockSec and 12 other security experts in the field have completed the review and testing of security patches. Currently, ParaSpace is undergoing security reviews and testing to enhance the security of withdrawal time locks. ParaSpace has launched its repayment function, and will resume its supply function later today. On Tuesday, it will resume its automatic compound interest and cAPE automatic repayment functions. On Wednesday, it will resume its clearing function. On weekends, it will use Timlock security enhancements to borrow and withdraw funds.

Interpretation of this information:

ParaSpace, an NFT lending agreement, recently disclosed progress on its attack processing and announced the reopening of the agreement in stages. Eleven security experts, including BlockSec, completed security patch reviews and testing to increase the security of withdrawal time locks. ParaSpace also launched its repayment function and will resume the supply function later today. On Tuesday, automatic compound interest and cAPE automatic repayment functions will begin again, followed by clearing function resumptions on Wednesday. ParaSpace will upgrade its security measures with Timlock on weekends for borrowing and withdrawal.

According to reports on March 21, ParaSpace, an NFT lending agreement, has disclosed the progress of attack processing and will reopen the agreement in stages. To ensure that the security aspect is secure, ParaSpace has partnered with 12 security experts in the field, including BlockSec, who completed reviewing and testing of security patches. Currently, ParaSpace is undergoing security reviews and testing to increase the security of withdrawal time locks.

ParaSpace has launched its repayment function, which means that its borrowing and lending service is available. Later today, ParaSpace will resume its supply function. Then, on Tuesday, the automatic compound interest and cAPE automatic repayment functions will start again. On Wednesday, it will resume its clearing function.

ParaSpace will upgrade its security measures with Timlock on weekends for borrowing and withdrawal to enhance the security system of the agreement. Based on the updates shared by ParaSpace, users of the NFT lending agreement can expect to regain access to various features in a staged manner. This will allow the agreement to address any potential vulnerabilities in the system and ensure the users’ funds are secure.

In summary, ParaSpace, an NFT lending agreement, has disclosed the progress of attack processing and will reopen the agreement in stages. Eleven security experts have collaborated to review and test security patches for withdrawal time locks. ParaSpace has launched its repayment function and will gradually resume its other services such as automatic compound interest, cAPE automatic repayment, and clearing function. ParaSpace will also enhance its security measures with Timlock on weekends for borrowing and withdrawal.