User Debt Calculation

On March 17th, the Web3 Knowledge Map Protocol 0xscope tweeted, saying, “The ParaSpace contract is not working properly: 1. Users can extract more APEs than they thought. 2. User debt calculation errors have led to 268 liquidations in progress.” 0xscope reminded, “Extracting your assets requires you to assume your own risk.” The contract failed before the ParaSpace protocol was suspended, allowing users to overdraw APE and causing a large number of incorrect clearing Analysis based on this information:The recent tweet by the Web3 Knowledge Map Protocol 0xscope brings attention to some serious issues related to the ParaSpace contract. According to the tweet, users may extract more APEs than they intended, and calculation errors could lead to liquidations. It is important for users to understand the risks associated with asset extraction and the need to assume their own risk. Overall, the tweet highlights the need for better monitoring and risk management strategies in the world of blockchain technology. In this context,…