Threebalance Olympics: Share The 2000 USDC Prize Pool
Threebalance enables you to rebalance your on-chain portfolio. Use it to swap multiple tokens in a single flow, track your crypto portfolio, and think about your holdings in percentages like a fund manager. You can do all of this in a single app — the days of manually hunting for liquidity by tediously going from app to app are over.
Threebalance is truly decentralized and self-custodial. You don’t need to lock your funds in a smart contract, and you don’t need to use a centralized exchange.
Join thousands of other DeFi pioneers who have used Threebalance to rebalance their on-chain portfolios with ease.
Threebalance is a partner of the Qoda Ecosystem: https://qoda.fi.
Launch on Solana
Solana’s energy efficient, fast, and inexpensive environment makes it a great network for DeFi users. What makes this possible?
Solana has more than 1 million active daily users according to Defillama (at the time of writing this post). Its TVL is greater than 5 billion USD. 150 protocols are working on Solana, and many of them have their native tokens. Also, lest we forget all the memes! 🙂
Threebalance empowers Solana users to navigate their portfolios by swapping multiple tokens in one place with ease.
Threebalance Olympics
To celebrate the launch of Threebalance on Solana we host Threebalance Olympics on Galxe.
Participants compete in different disciplines, collecting points and winning prizes. Everyone is welcome to join.
Dates: July 29, 2024 — August 31, 2024.
Stadium: Galxe
Prize Pool: 1700 USDC + 300 USDC
Competitions will be held across several disciplines, covering both on- and off-chain tasks. Each task completed will award tokens, points or both. The distribution of the main prize pool will depend on leaderboard rankings. The higher your rank, the higher your rewards.
All tasks can be found on the Qoda Finance page on Galxe: https://app.galxe.com/quest/qodafinance
Disclaimer. We encourage thoughtful participation rather than simple point farming for rewards. The main goal of this campaign is to introduce Threebalance to the crypto enthusiasts and reward the most active users. Therefore, we highly value on-chain activity and are not interested in rewarding participants for reposts or likes alone. Please participate only if you are interested in the products we are building.
Rewards Distribution
The prize pool in USDC will be distributed as follows:
1 place — 150 USDC
2 place — 100 USDC
3 place — 75 USDC
4–5 places — 50 USDC
6–10 places — 25 USDC
11–20 places — 20 USDC
21–50 places — 15 USDC
51–100 places — 10 USDC
300 USDC will be allocated to the authors of the best product feedback about Threebalance. We will launch a separate quest with a form for your thoughts and ideas, which will be read directly by Threebalance’s CEO. Ten participants with the most meaningful feedback will receive 30 USD each.
Terms and Conditions
Read the full T&C here: https://blog.qoda.fi/threebalance-olympics-bceabc516a8e
How to get started with Threebalance?
To start using Threebalance on Solana, navigate to https://threebalance.co/.
Choose “Phantom (Solana)” and click the “Get Started” button.
After successfully connecting to your wallet, you will see your wallet holdings on Solana.
Please note: we support only verified tokens from Jupiter. Your holdings only include tokens that are tagged as “old-registry”, “community”, or “wormhole” verified on Jupiter. Unknown and banned tokens are not currently supported by Threebalance.
Select which assets you want to rebalance and click the “Next” button.
You now have an opportunity to enter your desired portfolio allocation as percentages of your total holdings. You can even add new assets to your portfolio using the “New asset” dropdown.
The “Revert,” “Zero,” and “Auto” actions help you enter your desired allocation quickly.
Click the “Next” button to continue to the final step.
Threebalance has now automatically calculated the optimal set of transactions you need to execute to complete your rebalance. If you have a coupon code, this is where you enter it.
After reviewing the quoted transactions and confirming they look correct to you, click the “Rebalance” button.
Threebalance will now walk you through confirming each transaction in your wallet, one-by-one.
After the transactions have been successfully executed, you will be shown your new portfolio. Congratulations, you just used Threebalance!
You can learn more about rebalancing by researching different strategies (5/25 rule, CPPI, time and threshold, etc.) based on your risk tolerance and investment goals. If you find a strategy you like, Threebalance makes it easy to implement it. Or, if you just need to swap multiple tokens in one flow, Threebalance can help with that too.
Resources
https://blog.qoda.fi/threebalance-is-live-on-solana-5c319845a8b7
https://blog.qoda.fi/threebalance-olympics-bceabc516a8e