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/

hacken.io

Parallax audits by Hacken

Latest audits for Parallax. Smart contract audits, dApp audits, bug bounties and more fore Parallax.

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!

?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.

? 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!

X (formerly Twitter)

Parallax Finance (@parallaxfin) on X

***🌟*** Big shoutout to the amazing @LaunchWellProdu who put together a step-by-step tutorial on how to deposit into CALM Vaults! ***🌟*** If you're looking to streamline your LP experience, this video is your go-to guide for navigating our platform with ease. ***✨*** Check…

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.

Parallax

Calm | Parallax

Welcome to Calm page!

? 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!

? 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!

?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 ?

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

?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