Another day another step forward to become the best day trading platform there is. Trying is believing:.

@DeribitExchange 8) Whales LPs have already made it in life. There is no reason to take excessive option risk on the sell side. They want to be principal protected. On chain LPs look for projects with simple technical risk. No option risk. Tokens main driver for deployment.

@DeribitExchange 5) There was no stable regime where parameters worked consistently, requiring frequent market adjustments. 6) More subtle, the system's inability to find equilibrium meant the initial objective—fair pricing of LP embedded volatility—may not be attainable. 7) On the "degen.

@DeribitExchange Key Findings.1) Users no longer seek extreme convexity through leverage of legacy assets; they prefer memecoins. 2) Pricing LP token volatility through lending proved unsuccessful due to complexity and retail user confusion. 3) On-chain options generally failed for everyone: Aevo.

@DeribitExchange Mitigation measures.Funds raised on TGE were deployed on different cex to focus on finding successful LP strats.updated product with OI penalties. Couldn't overcome issues relating to pay-as-you-go models. the ans appeared we need to shift to regular options which defeats the.

Token Generation Event.- once airdrop farming ended, users disappeared.- users remaining for version 2 were exploiting mispriced volatility. Unlike orderbooks on @DeribitExchange our algos couldnt update vol fast enough to markets.

Version 2.We changed from a physical settled approach to cash settled. However this introduced new challenges as vault holders need to use complex algos to monitor their positions and hedge. finding: whales want to deploy and forget. technical risk is big enough. more option risk.

In version 1, the main issues we encountered was with liquidity. Required swaps led to slippage during open/close txs. we needed deep liquidity but whales prefer principal protected products. lack of new pairs also hindered growth.

🔔The Dream Ends🔔.Good Entry Post Mortem. We started out as a self funded project with a thesis to find a way to properly price gamma in LP tokens in uniswap. Two versions and 245m volume later, we announce the unfortunate decision to stop development of Good Entry here.

If you think you are on the autism spectrum disorder spectrum. head over to to give memecoins a try on @arbitrum.

📣Announcement📣. Today we also announce a new era as Good Entry rolls out our new memecoin launcher on @arbitrum . how we differentiate from @pumpdotfun is a heavier emphasis on socials and optionality with the lucky draws

@Uniswap 3/ Since then we've been improving on the product to allow users to have a better alternative to perps. major challenges around making LP profitable sustainably have been present amongst other things.

2/ our protected perpetuals product was first conceptualised in march 2024 when we focused on monetising on chain volatility on .@Uniswap.

📣Announcement📣.Good Entry will sunset our flagship protected perpetuals product after generating more than $245m volume. users are advised not to open new positions.

we continue to build regardless.

Good is still alive. Improvements are focused on conversations with various option builders. Still chugging along for the dream.

Before trying new project forks please check with @Rabby_io on the implications of any approve. Safety is all our own personal responsibility

If you want GE to scale, trade on it and make money everyday. More data collected = easier for us to build a v3.

When folks ask if we rugged. do understand this 35k came from mostly team as we are the main LPs figuring out how to scale this. 0DTE is the biggest prize and we continue to focus obsessively on this problem. Anyone else promising no liq, check who is on the other side.

Community reached out if GE is done. Right now we have been the main LP testing different strategies to make it sustainable. Many trading gains have been subsidised by team. Work on a new V3 engine continues. 0DTE is a powerful tool We will eat it.

One of our strategies to get market share like @CryptoAlgebra. To leverage media power of other teams to drive their brands and distribution while we are the backend. Should they scale they will wish for engine upgrades and our community wins. That's how we can keep growing.