📢 AMA Announcement 📢

Dear astronauts, feel free to join our exciting AMA session on January 25th at 19:00 UTC! We'll be live on DefiRaiders discord, delving into the transformative impact Parallax brings to the DeFi realm. If you have any burning questions, we eagerly anticipate answering them. See you soon!
https://discord.com/invite/defi-raiders-931227731415408732

🚀New Stable Vault is Live 🚀

Dear Parallax-ors, we couldn’t be more happy to announce the launch of our first low-risk vault on Arbitrum network.

The USDT/USDC vault is now open for deposit.

Make your stablecoins work for you with CALM and earn fees effortlessly!

Note: The USDT/USDC vault is newly launched, accurate APR/APY figures will be available after 48 hours of data integration.

1️⃣Visit our DApp: https://parallaxfinance.org/calm/
2️⃣Deposit in the CALM Vaults
3️⃣Watch HAL9000 manage your liquidity

🌟 Stable Vault APY Reveal 🌟

Hello everyone, HAL9000 has revealed the APR/APY for our USDT-USDC.e vault. Wanna know what's fascinating? It's currently printing two figures APY for a stable vault.

Deposit your stable assets to accrue fees in this vault while enjoying limited price divergence, no rebalance, and by extension, negligible IL.

Also remember to enjoy your weekend Parallax-ors!

📣 Attention! The QuestN Countdown is on! 📣

With only 6 hours left from time of this post, seize the opportunity to join our ongoing campaign. 10 lucky participants will have the chance to split a $750 prize pool. Completing tasks takes less than 2 minutes. Haven't participated yet? Now's your moment – take action now!

Best of luck to all Participants!

Link: https://app.questn.com/quest/853934466486682057

Sneak peak of a subgraph from our strategy.
Boxes show the ranges and when HAL9000 executed a rebalance, green line indicate can how the two assets correlate with each other

📢📢 UI Revamp - Subgraphs Integration


The core team has been working hard to improve the platform's UI and provide users with more comprehensive analytics.

We've just integrated the vaults with subgraphs in the UI, which is a step towards the upcoming analytics suite that is still under development.

This suite will help users make more informed decisions by providing them with detailed metrics such as historical ranges, rebalancing, APR/APY, and fees. To get a sneak peek at these metrics, users can simply click "Expand Details" beneath the vaultcard as can be seen in the tweet below. Although the full analytics suite is yet to be revealed, we're excited to give our users a sneakpeek of what they should expect from the full analytics suite.

Check it out here 👉 parallaxfinance.org/calm/

#KeepCALMCarryOnPrinting #HAL9000


https://twitter.com/parallaxfin/status/1755649998136484040?t=wUHvjdkgUfYktOCFr_rTjw&s=19

Dear Parallax Community,

We've heard your voices loud and clear! 📣

In our ongoing effort to maintain transparency and foster a strong, engaged community, we will initiate a weekly office hour with the community. This is a unique opportunity for all of us to come together, discuss the current situation, obtaining feedback, and share a glimpse into the exciting future that lies ahead for Parallax Finance.

Event Type: Text-based Office Hour
Location: Discord
When: Based on poll results

We believe in building not just products, but also a community where every voice is heard, every concern is addressed, and every suggestion is considered. We encourage everyone to prepare your questions and feedback ahead of the event.

🌹 Happy Valentine's Day from Parallax Finance! 🌹

To our valued community,

As we observe Valentine's Day, we want to take a moment to wish everyone well, whether you're celebrating or not. For those enjoying the day, we hope it brings you joy. And for everyone else, we're focused on the same goal: seeing our collective efforts pay off.

A gentle reminder to make your voice heard by voting on the office hours date and time in our discord. Your participation is crucial as it helps us better align with your preferences and enhance our community engagement.

🚀 CALM UI UPDATE 🚀

Previously, we received feedback from CALM users expressing confusion regarding the "Deposit + Earned Fees" format on the Vault interface.

In response, we've implemented changes to enhance the interface's sleekness and user-friendliness.

Now, the Total Position Value of your liquidity positions is prominently displayed, clearly delineated into "Deposits & Earned Fees."

Additionally, we've streamlined the interface by removing the "LPs in your wallet" section, resulting in a more compact and simplified appearance.

Stay tuned for further updates, where we will provide guidance on analyzing your liquidity positions with this refined UI.

Reminder to attend Parallax's Office Hours 🚀

Date: February 19, Monday
Time: 5PM UTC
Location: Discord

See you all around!!!

Bring your Questions and get to know what the core team has in store for your holdings as well as your experience using our product. Let's build PLX

🌟Community Updates 🌟

We have shared key updates and addressing community queries for those who missed out on office hours! Covering key topics:

🎯 Vault Optimization
🎯 Security Audit
🎯 Single-staking Vault
🎯 Wen Analytics
🎯 Growing TVL and Outlook of Rev Share
🎯 Vault Releases
🎯 Current & Future Goals
🎯 Partnerships
🎯 Additional Community Questions

Full written updates are now available in our Discord server! We'll resume our office hours next Monday, Feb 26 at 5PM & 10PM UTC 🚀

🚀 New Vault Day 🚀

Hello Everyone, following the cap filled on the previous 3 vaults, we're pleased to announce the launch of our 4th Single-Sided Staking Vault exclusively open to all $PLX holders,

Vault Parameters:
- Fixed 30% APY
- 6-month linear vesting
- Cap Set at 500k $PLX

Steps to Participate 👇
- Visit our Dapp here: https://parallaxfinance.org/staking/
- Connect wallet & deposit
- Sit back & accrue rewards

🚀 Parallax Finance Update: Security Enhancements & Growth Plans! 🚀

Hey Parallax Community! Big news:

✅ We've received an interim security report from Hacken.

✅ Good News: The audit didn’t find any critical issues! 🛡

✅ Our devs are on it! Fixes and improvements are being implemented as we speak.

🔧 Deadline Alert: All upgrades will be completed by the end of next week, followed by a final review from Hacken.

🔍 This step is pivotal for our platform's security and our aggressive growth phase. Get ready for some exciting times ahead!

📢 Parallax Finance Office Hours Update

We've set up a dedicated thread in the office hour channel on Discord for all your questions! This is your chance to get insights directly from the team.

📆 Mark your calendars: The next office hours session will be held on Monday, March 11th. To ensure everyone has time to submit their questions and for our team to prepare thorough answers, we're announcing this in advance.

For our active Telegram community, feel free to post your questions in the Telegram chat. We will ensure they are included in the Discord thread.

🗓 Your participation is valuable to us. Let's make the most of this opportunity!

Update from Parallax Finance 🚀

Greetings,

We've achieved a significant milestone in optimizing our vaults. The development team has enhanced algorithmic efficiency, trading volumes, and fee income, while reducing the impact of market volatility and the costs associated with rebalancing. 📈

We're seeing positive outcomes from these optimizations and are in the process of compiling performance benchmarks to provide you with concrete data on these improvements. Details will be shared soon. 📊

To experience the updated performance, visit https://parallaxfinance.org/calm/. Your feedback is invaluable as we continue to refine our offerings.

Thank you for your continued support.

🌟 Big shoutout to the amazing @LaunchWellKevin 🌟

He has crafted a step-by-step tutorial on how to deposit into CALM Vaults, making it the ultimate guide for anyone aiming to streamline their LP experience on our platform. ✨

Dive into the video to navigate our platform with ease and start earning real yield! 👇
https://twitter.com/parallaxfin/status/1764895158091620612

Note: The "Claim Fees in $PLX" feature is on its way – stay tuned!

🌟Weekly Office Hours Reminder🌟

Dear Parallaxors,

Here’s a reminder of our scheduled weekly office hours today at 6:00 PM UTC.

Venue = #Office_hours in discord.
Answers will also be posted in TG later on.

We have gathered several questions from our various communication channels, and we are committed to addressing them comprehensively during this session. Please take advantage of this opportunity to engage in discussions about the future of PLX and updates on backend operations.

Looking forward to your participation.

Office Hours Summary

1) Aggressive Growth: Awaiting audit completion to kickstart. Shift focus to projects for TVL, enhancing liquidity management. Strategy: Finalize audit, onboard projects, boost TVL and community.

2) AI Integration: Discussing partnership with an AI project for decentralized application development.

3) Partnerships for PLX Buy Pressure: Focusing on direct service to project tokens, employing custom liquidity strategies for cost-effective management.

4) Competitive Edge: Unique approach in servicing projects directly to differentiate from competitors without token incentives.

5) Displaying Divergence Loss: Planning UI implementation for accurate vault performance analysis.

6) AI Tag on CG: Application submitted.

Thank you for your engaging questions and contributions!

Good morning everybody!

We are proud to announce that Hacken finished their report and we passed we a score of 9.7/10!

Find below the link for your perusal:

https://hacken.io/audits/parallax/