Finding the next x1000 is by being early to 0 VC and community centered DeFi ecosystem leaders
I present to you one 👇🏻
Set to take center stage on all L2s imaginable and you’re very early to farming it
A thread 🧵 0/11
I present to you one 👇🏻
Set to take center stage on all L2s imaginable and you’re very early to farming it
A thread 🧵 0/11
In this thread we’ll talk about:
- GOOD Philosophy
- ezVault token farming
- GE’s technology ( no price liquidation)
- what else do u wanna know? 🐍
- GOOD Philosophy
- ezVault token farming
- GE’s technology ( no price liquidation)
- what else do u wanna know? 🐍
1/ I’m currently farming this one cos community first and it’s very important
Wen I say community I mean 0 VCs, team self funding and the tech is gud asf!
Most times wen u hear VC funded it means us masses don’t get a fair share of price cos VCs get in earlier than us
Wen I say community I mean 0 VCs, team self funding and the tech is gud asf!
Most times wen u hear VC funded it means us masses don’t get a fair share of price cos VCs get in earlier than us
2/ But for Good entry, 0 VCs, u get the real price to the good tech cake
Enjoy enjoyoor!
GE is currently live on Arbitrum and is gearing up for massive moves in the whole ecosytem.
GOOD is Everywhere
Enjoy enjoyoor!
GE is currently live on Arbitrum and is gearing up for massive moves in the whole ecosytem.
GOOD is Everywhere
3/Now, imagine farming ze tokens of a tokenless protocol expecting an airdrop you’re not sure of but your optimistic, you’ll get a share of the governance of the soon number 1 that stands for GOOD and consistently ships
Now stop imagining and read this 👇🏻
Now stop imagining and read this 👇🏻
4/ You can only get ze tokenless token from something called ezVault
That something is depositing in the given vault and passively earning yields through AMM swap fees, supply APR, and token incentives.
That something is depositing in the given vault and passively earning yields through AMM swap fees, supply APR, and token incentives.
5/ Uses AMM to generate yield, and users have flexibility and control over their deposited assets.
ezVaults are similar to GLP and hold multiple Uniswap v3 asset positions, which are rebalanced for max yield generation.
Risks is Impermanent Loss
Now, you understand, now vault
ezVaults are similar to GLP and hold multiple Uniswap v3 asset positions, which are rebalanced for max yield generation.
Risks is Impermanent Loss
Now, you understand, now vault
6/ Imagine 10x leverage trading without no liquidation
Yes it’s possible, @goodentrylabs is doing that
GE (goodentry) does this 👆🏻with its protected preps technology
Uses the Uniswap V3 and AAVE lending market to ensure efficient usage for traders and farmers
Yes it’s possible, @goodentrylabs is doing that
GE (goodentry) does this 👆🏻with its protected preps technology
Uses the Uniswap V3 and AAVE lending market to ensure efficient usage for traders and farmers
7/ The famous 0x61a $ETH shorter on GMX wouldn’t have been liquidated so easily on GE
Traders win big and lose big
Most traders don’t come back from few years of trading cos they’ll always be losses just depends on how often
GE mitigates these risks
GE is the traders dream
Traders win big and lose big
Most traders don’t come back from few years of trading cos they’ll always be losses just depends on how often
GE mitigates these risks
GE is the traders dream
8/ From the table we see that trading on GE, the trader doesn’t lose significant position; this helps them to continue trading, eventually finding profits later
All thanks to GE’s protected preps
GE protected preps doesn’t allow traders to be liquidated by price
All thanks to GE’s protected preps
GE protected preps doesn’t allow traders to be liquidated by price
9/ Instead, you’re liquidated by time
How do you mean?
A trader opens an ETH short position at $1811 for 8 hours, and the price declines for 3%
Instead of 3% loss, the trader losses 8hrs ie 8*0.05 = 0.04%
A lower loss compared to loss by stoploss
How do you mean?
A trader opens an ETH short position at $1811 for 8 hours, and the price declines for 3%
Instead of 3% loss, the trader losses 8hrs ie 8*0.05 = 0.04%
A lower loss compared to loss by stoploss
10/ Traders are not liquidated based on price movements.
Instead, liquidation occurs over time
Traders pay for protection block-by-block from their margin.
If margin usage exceeds 99%, a liquidator may close part of the position.
Instead, liquidation occurs over time
Traders pay for protection block-by-block from their margin.
If margin usage exceeds 99%, a liquidator may close part of the position.
11/ Watch margin usage & manage positions to stay safe.
All these 👆🏻works through a combination of Uniswap V3 and AAVE lending market
I’ll leave much of the liquidation tech talk for a better thread on it, will advise to read this👇🏻 if u wanna know more
All these 👆🏻works through a combination of Uniswap V3 and AAVE lending market
I’ll leave much of the liquidation tech talk for a better thread on it, will advise to read this👇🏻 if u wanna know more
12/ Tokenomics
22% assigned to the Team, subject to a 1-year cliff and a 3-year linear unlock
And others
Advise checking their doc for more infos
🐍 is ambassador for GE and will say Dyor
I’m farming GE too, so ggs 🫡
22% assigned to the Team, subject to a 1-year cliff and a 3-year linear unlock
And others
Advise checking their doc for more infos
🐍 is ambassador for GE and will say Dyor
I’m farming GE too, so ggs 🫡
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