The new edition of our team's monthly updates is here. Read about recent developments and business and community updates.
Threebalance
1 month has passed since the launch. The number of rebalances reached 100. The total rebalanced volume is $150,000. Thanks for your support, Qommunity!
If you haven’t tried the DApp yet, you can do it right now. Threebalance can be used to rebalance your existing portfolio or buy new tokens. It can also be used as an advanced trading tool, where you can trade (swap) tokens in one flow. Give it a try.
Read this article to learn more about Threebalance.
Also, we continue working on improving DApp’s design and UX. New changes will be deployed soon, so stay tuned.
We are working on new features for @ThreebalanceApp. Got some great feedback from the #Qommunity, and they are already handed off to engineering for implementation.
— dhruvio.arb (@dhruvdang) March 26, 2024
One of the requests was to simplify the network selection flow. So, instead users only need to connect their… pic.twitter.com/DJCxZUjsVd
We had an AMA with Arbitrum about Threebalance. You can listen to the recording or read the transcription below.
Have you missed our AMA with @Arbitrum? No problem, you can listen to the recording or read the transcription:
— Threebalance (@ThreebalanceApp) March 26, 2024
💚Recording: [https://t.co/UkqD13HE4i](https://t.co/UkqD13HE4i)
💚Text transcription: [https://t.co/NqJKMQwpXd](https://t.co/NqJKMQwpXd)
Qonstant
March markets were expired. If you have lent in them, now you can redeem your funds and reroll your positions into new June markets.
Meanwhile, we crossed $2,000,000 in loans traded volume on Qonstant.
In Q2 2024, we plan to support unvested tokens and LSDs. Read more about this in our recent AMA with Gora Network and Roci Finance.
Qommunity updates
As part of our preparations for the token launch, we started the Qountdown campaign. It is a big event on Galxe, where our users can participate in quests and win a share of 1,000,000 QODA tokens. Don’t miss this opportunity; join us today!
Tokensale and TGE are scheduled for Q2 2024. Follow our announcements to stay updated.
Also, don’t miss our ongoing campaign with 1inch, where you can share a prize pool of 200 USDC.
The new season of the Grand Prix has started. Lend or borrow on Qonstant to be eligible for the rewards.
We integrated SPACE ID .arb domain names. If you participated in the Jojnt campaign and won a domain, check your wallet in the Arbitrum One network. The rewards have been distributed directly to the winners’ wallets.
Our Dapps, Qonstant, and Threebalance, successfully passed community voting on Magic Store, a leading Web3 application store.
Educational materials
Read more about how liquidations work in DeFi.
How to convert small balances iт DeFi (without using CEXs):
How to convert small balances in DeFi?
— Threebalance (@ThreebalanceApp) March 13, 2024
Major CEXs have a helpful feature – you can convert your small balances to the exchange’s native token.
DEXs don’t offer the same functionality, so if you want to do the same on-chain, you must tediously swap all of your small-balance… pic.twitter.com/OBjaDWmsNr
What does “timing the market” mean?
What does “timing the market” mean?
— Threebalance (@ThreebalanceApp) March 25, 2024
Simply put, “timing the market” refers to the moment when an investor enters or exits a risk-taking position. The exact moment is typically decided upon based on the trader’s expectations of when an asset’s price will go up or down. Traders…