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ParaSpace Airdrops ParaVault NFTs as Part of Rewards and Incentive Program Following Protocol Freeze

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April 9 (Cointime) - ParaSpace has announced the airdrop of ParaVault NFTs to the community. This airdrop is part of the ParaSpace Rewards and Incentive Program, which was initiated following an attempted exploit on March 17 that put $5 million at risk.

This airdrop is part of ParaSpace Rewards and Incentive Program. In an earlier tweet, ParaSpace announced that all users affected by the protocol freeze will receive a reward NFT from ParaSpace that can be redeemed for future ParaSpace governance tokens.

ParaSpace experienced an attempted exploit that put $5 million at risk on March 17. It paused its protocol and later said it had found the cause of the exploit. The project additionally stated that all user funds, including NFTs were safe. ParaSpace lost 50 to 150 ETH (less than $270,000) due to price slippage during the attack and the recovery. 

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