Yes, we currently have a Pool Dashboard in place that provides users with a history of all rebalancing actions taken, along with the basic details of each event. This helps users monitor their portfolio’s performance over time.
Regarding advanced analytics and visualization tools, those are part of our ongoing development tasks. We’re actively working on adding more sophisticated performance tracking features, such as visual charts and deeper analytics, to help users gain better insights into their portfolio’s performance post-rebalancing. Stay tuned for updates as we continue building these features!
Thank you for the welcome! We’re excited to be part of TRON Hacktron Season 7 with CryptoSync.
To ensure reliable real-time price feeds, we’re using decentralized oracles that aggregate data from multiple sources, providing accurate updates even during volatile markets.
For protection against extreme market movements, we’ve implemented:
Take-Profit & Stop-Loss Levels: Users can lock in profits or limit losses automatically.
Rebalancing Thresholds: Customize when rebalancing occurs, pausing during extreme price shifts.
Thank you for the positive feedback! We’re thrilled that you see the value in CryptoSync for retail investors.
@kishan1729 This will also answer your question regarding security…
To ensure the security of user assets during automated rebalancing, especially with multiple tokens, we’ve implemented several key features:
Smart Contract Security: Our contracts undergo rigorous security audits to identify vulnerabilities before deployment. Additionally, we’ve integrated role-based access control, ensuring only users can modify their pool parameters.
Pausable Rebalancing: In the event of extreme market volatility or unforeseen issues, the operator can pause rebalancing actions to prevent unnecessary risks. However, users can still initiate emergency withdrawals at any time, maintaining control over their assets.
Slippage Protection & Stop-Loss/Take-Profit Levels: These mechanisms help protect portfolios during volatile periods by limiting losses and preventing trades with excessive slippage.
As for future developments, we are planning to introduce advanced rebalancing strategies, including volatility-based and periodic rebalancing, as well as the integration of financial indicators like RSI and Bollinger Bands. This will offer users more options to fine-tune their strategies as we continue to evolve CryptoSync.
We’re committed to providing both security and flexibility for our users!
We are planning to engage and educate users by providing clear guidance and resources that help them understand the benefits of automated portfolio rebalancing. Our focus is on making the platform easy to use and ensuring users feel confident in leveraging its features to improve their investment strategies.
To ensure smooth integration with Sunswap Dex for real-time rebalancing, we’ve optimized our smart contracts for efficiency and minimized on-chain operations to reduce delays. We also use reliable price oracles and perform transactions in a way that prioritizes speed without compromising security, ensuring seamless interactions during rebalancing.
CryptoSync minimizes transaction costs by optimizing the smart contracts and executing rebalancing only when necessary, based on user-defined thresholds. Users can expect fees associated with TRON’s network and Sunswap Dex trades, but we aim to make rebalancing cost-efficient by reducing the frequency of transactions and leveraging low-cost on-chain operations.
Thank you for the warm welcome! To address concerns about malicious attacks and wallet security, CryptoSync ensures that only the users have authority to withdraw their funds and modify pool parameters. No external party, including us, can interfere with their assets. Additionally, all smart contracts will undergo thorough security audits to identify and fix any vulnerabilities, further enhancing protection against hacking attempts.
Greetings! The audit process is currently under planning. Once we successfully test our strategies, we’ll have a clearer picture of the audit timeline and the firm we’ll be working with. We’ll keep you updated as things progress. Stay tuned!
We encourage all of you to jump in and simulate our rebalancing strategy using these tokens. This will give you a chance to explore the features, test different scenarios, and experience how CryptoSync works in a real-like environment.
We’re also fluctuating the price of the test tokens to help you experience different rebalancing actions in various market conditions. All you need to do is connect your wallet and claim the test tokens from the faucet to get started.
This is a great opportunity to simulate real-world scenarios and see how CryptoSync handles automated rebalancing. Your feedback will help us refine the platform!
Happy testing, and let us know if you encounter any issues or have suggestions!
im intererested if this approach is truly “cost efficient”. i mean, since your project is on TRON, do you use energy rental feature on network for doing such automatisations ?
Thank you for your question! We are currently focusing on reducing cost transaction by Smart contract logic optimization, after that we will surely use energy rental feature and test it on Nile testnet.