Good Entry: Alpha V2 Launch
After the triumphant launch of Good Entry V1, our core team has carefully gathered and analyzed feedback from community members and OGs in order to make significant enhancements to our trading platform. Our objective is to provide the premier day trading experience for our users, as well as the highest real yields for our farmers, all while ensuring their protection and comfort.
Through the invaluable insights gained from our users’ feedback, we have identified several key areas of focus that will drive the improvements to our platform:
Demand for a Simplified Experience
In Alpha V1, Good Entry unveiled geVaults to the global community: Tradable, fungible Uniswap V3 positions offering potentially exceptional APRs when spot trades occur at the activation price. However, we observed that geVaults required an advanced level of understanding from users. TVL providers had to act as skillful, active market makers to efficiently allocate liquidity according to market dynamics. This approach proved to be less appealing to our user base, highlighting the necessity to significantly streamline the farming experience and introduce a more user-friendly alternative.
Introducing EzVault:
We are excited to announce the launch of EzVaults, a new feature in our Alpha V2. These vaults function similarly to GMX’s GLP, containing an index of assets utilized for swaps and leveraged trading. Unlike Alpha V1, users can now deposit their liquidity and enjoy a hassle-free experience while earning competitive yields. EzVaults offer a “set-and-forget” strategy for users. Learn more about ezVaults in our documentation.
LP tokens can be minted and redeemed for the index asset, with each vault representing a distinct market for users to trade against. On Arbitrum, the vault collects swap fees from holding its constituent positions and lending fees generated by trades placed against it.
Launching Arbitrum Markets
With Alpha V2, Good Entry is excited to unveil new Arbitrum markets where $ARBI holders can deposit $USDC or $ARB to earn substantial real yields on Good Entry!
Since the token launch, projects within the Arbitrum community have been continuously developing, and the TVL has remained strong. This has led to a robust token price that generates attractive yields for users.
As an Arbitrum native project, we’re proud to support GOOD trading for $ARB tokens and continue contributing to the thriving ecosystem.
Bug Fixes and Improvements
During Alpha V1, our dedicated GOOD users and community members provided valuable feedback on V1 design patterns and identified front-end bugs that could impact the trading experience. With the release of Alpha V2, we have addressed the known issues from Alpha V1 and are committed to delivering an improved trading experience for our users, ensuring everyone can enjoy a Good Entry.
Alpha V2: alpha.goodentry.io
Twitter: twitter.com/goodentrylabs
Discord: discord.gg/goodentry
