# Good Entry Decentralized LP Day-Trading Derivatives Market for Enhanced Trading and Yield Generation Good Entry is a cutting-edge decentralized liquidity provider (LP) derivatives market on Arbitrum designed to be the best day-trading platform globally. Inspired by the popularity of zero dated options in traditional finance, Good Entry brings this concept a step further to allow options to be traded and settled at any time. Good Entry allows traders to trade with up to 1000x leverage on its protected perpetuals with no upfront premiums, no liquidations and capped downside. Liquidity providers who sell volatility to these traders receive high premiums. Good Entry uses iterative smart contract and financial engineering to ensure a secure and efficient platform for users. To prevent price manipulation and determine rebalancing thresholds, Chainlink Oracles are utilized. Good Entry features three primary product offerings: 1. **For Traders: Protected Perps** - Experience secure and stress-free day trading with our innovative protected perpetuals, designed to protect traders from sudden price movements and scam wicks. Traders can never be liquidated by price. Postions can expire when margin is depleted. 2. **For Yield Farmers: ezVaults** - Optimize your yield generation with our streamlined and user-friendly vaults, making yield farming more accessible and efficient. 3. **For Token Holders: Tokenomics and Rewards** - Benefit from our strategic tokenomics and rewards system, designed to incentivize long-term growth and value creation for token holders.
# Tokenomics Building a Cohesive Community with Good Entry Good Entry aims to establish a unified community where members collaborate with the core-contributor team led by Masterbean (@JMY0x) to create a thriving ecosystem. Good Entry is community driven and aspires to move towards a community owned end state.
## Governance Actions Required * Team acting on advice of 8-person council will determine the utilisation of the tokens in the remaining 10% Partnership, 23% liquidity mining, 18% reserves. The vesting and deployment will be updated on the docs as and when the decisions are reached. Stay tuned to our [Discord](https://discord.gg/goodentry) server for the latest information on tokenomics, launch dates, and program mechanics.
# Protected Perps How Protected Perps Is Useful To Traders | How It Works From Technical POV | How to navigate the UX 90% of traders lose 90% of their monies. 80% of the traders quit in the first two years. There have been several studies that suggest these pessimistic statistics. One of the key issues is the lack of adequate risk management. Furthermore, even when there are risk management techniques deployed such as stop loss, the losses from one bad trade can require many more profitable trades to break even.

How much it takes to make a comeback from loss

Assuming that the trader skill remains the same, the reality of requiring more trades to make money back exposes traders to consequently more risk of losing money just as much as earning more money. More often than not, a bad trader will lose more often than earn. A vicious cycle can take place. Lose one trade, trade more again, lose more. Eventually, the trader quits trading. This is a common story amongst many new entrants. Introducing Protected Perpetuals by Good Entry, a simplified day trading instrument that allows to break this vicious cycle and replace it with a GOOD trading cycle by ensuring that traders do not lose significantly from their trades. Reference to the table, we see that trading on Good Entry, a trader does not lose significant position then they can keep trading and eventually they will find profits. Stay in the game. Keep trading. We can only create Good positions. Good profits. Good lives.
Disclaimer: Protected Perpetuals are not the same as perpetual contracts as popularized by BitMex. For regular perpetuals, trading is on an order book. The funding mechanism is employed to maintain the contract price in line with the underlying reference asset. Funding payments need to be exchanged between buyers and sellers. Traders trade with reference to the bid price and ask price. When traders trade Protected Perpetuals, they are essentially purchasing options. The payoff is like above, non linear. The downside is capped and limited to the premiums paid up till settlement. The upside is unlimited as though a trader was trading spot. Profits are realized only when settlement is complete. As downside is capped, more leverage can be added. The maximum allowable leverage is 1000x. ## **Benefits** ### Cheap Thesis Invalidation Protected perpetuals is a product that allows traders to take long or short positions without being liquidated from price movements. This means when the market price rises or falls dramatically, traders will not have their positions liquidated by price and neither do they take negative P\&L. So should a trader go long, but the market went the other way, their thesis is invalidated cheaply.

sample chart

To take an example. Trader opened a position at $1,900 activation price for 8 hours. When the market price declined from $1,831 to $1,771. Instead of taking a 3% loss, the trader lost 8 hours 8 \* 0.005 = 0.04%. These losses are negligible compared to the actual losses had a stop loss kicked in. \ \ Activation price refers to the entry price. If you lose less when you're wrong, you do not need to trade more to make a comeback. Instead efforts can be made to improve the trader's skill to improve the probability of making successful trades and earn more over time. \ \ Therefore, when traders enter and they make money. That is a good entry. When traders enter and they lose their funding rate. It is a good learning opportunity. This is valuable. So this is also seen as a good entry. ### Most Accurate Pricing Good Entry is pricing options at the money. There is efficiency at the money because they are the closest to the current market price of the underlying asset. Market data is pulled from oracles to ensure that our pricing has consensus with model based pricing. Good Entry only offers one activation price therefore our pricing does not have major differing opinions on option smile (skew) arising from variations in implied volatility, risk assessment, and market dynamics based on different strikes and maturities. ### No Liquidations Traders are not liquidated based on price movements. Instead, positions are closed when there is insufficient margin. When a position is open, traders pay for protection on their positions. Note, hourly funding rates change over time, which may subject your positions to rebalancing, especially with high-margin usage. Therefore, it's crucial to monitor your margin usage and manage your positions to maintain a safer margin usage percentage. ### No Counterparty Risk Traders have no counterparty risk because every position they trade against corresponds to liquidity in the vault. Liquidity providers accept this trade as they are compensated by the trader’s fees. ### How Does It Work? Good Entry vaults act as a market maker selling options to traders. Each position opened maps to vault liquidity.
Traders refer to the activation price. This is a reference point for the trade entry. Payoff will be determined from here. Wager is how much capital is at risk at the entry price. Payout Mulitplier refers to how much leverage the trader would like to take. For now, Good Entry has standardized the amount of leverage traders can take. Runway: It refers to the amount of time the position can be opened for before its closed. The more leverage a trader takes the shorter the runway will be. Payoff is linear as spot moves above the activation price for longs. vice versa for shorts. Traders can open multiple positions subject to open interest. ## Fee Structure There are three types of fees that Good Entry takes There is a minimum 1.5 hour fees collected. 20% of fees collected go to the project treasury For referral: the trader receives 5% discount from the funding rate. The referred receives 5% of the fees calculated based on premiums received when the positions are closed. VIP referral status allows for 8% rebate to traders and 8% to referrers. ##

# ezVaults Good Entry Yield Generation ## A Comprehensive Overview
ezVaults offer a user-friendly “set-and-forget” strategy for yield farmers to earn passive income generated from real yield sources in the decentralized finance (DeFi) ecosystem. The primary sources of yield generation are from selling volatility to traders. Up to 60% of vault TVL can be used for trading. The remaining 40% is deployed into partner Automated Market Makers such as Camelot and Trader Joe. ## Yield Generation Explained Good Entry ezVaults generate yield through three main mechanisms:
1. **Trading Fees:** Premiums earned from selling volatility to traders. 2. **AMM Swap Fees**: Liquidity deployed into partner AMMs are in full range. It sells volatility across the curve. 3. **Token Incentives:** Token incentives are added in each liquidity mining season. This will add further yield for the ezVaults. The ezVaults automatically reinvest generated yield back into the strategy. This can lead to increased returns over time and maximize earning potential for users. ## Deposit and Withdrawal To start earning passive income with ezVaults, users can follow these steps: 1. **Choose an ezVault:** Select an ezVault to participate in by clicking on the product card within the platform. It is recommended to choose an ezVault for an asset you have a long-term bullish outlook on, as this may affect the overall yield potential. 2. **Deposit:** Users can deposit their liquidity at any point in time. This is not subject to any conditions. Good Entry charges a deposit fee between 0.1% to 0.3% of the total liquidity to be deposited based on certain market conditions to incentivise certain types of liquidity when the vault is underweight a certain asset. These fees can be dynamically adjusted to incentivise certain types of liquidity to be deployed instead of others to enable the vault to be rebalanced in a proportional manner. Therefore, before depositing assets into the chosen ezVault, review the associated deposit fees. These fees may vary depending on the asset type and the current balance of the ezVault. 3. **Withdrawal:** Users can withdraw their liquidity at any point subject to the available liquidity in the ticks. The amount of liquidity users can withdraw is their principal liquidity and any additional swap fees, borrow fees and token yields generated. There is a dynamic withdrawal fee between 0.1%-0.3% depending on the composition of the ezVault. This is to incentivise liquidity in the ezVault is distributed in proportional manner. ## Managing Risk Liquidity Providers may refer to the link ws\://wsapi.goodentry.io/delta to retrieve pool delta and conduct their hedging activities accordingly. ## Understanding the Risks **Option Risk:** Liquidity providers earn yield by selling optionality. This means giving up upside. The vault can never be wiped. However, the value of it when traders make successful trades can result in it being less than market value since upside is given away. Good Entry is currently working with Signal Plus to allow pool data to be pulled and fed into the Signal Plus platform so that sophisticated LPs can hedge their positions based on their preferred strategies. **Temporary Insufficient Amounts For Withdrawal:** When traders execute a trade against ezVaults, they trade directly against the vault. so if the liquidity is being traded and it exceeds the amount that the user wants to withdraw, the user can only withdraw a limited amount of their liquidity. **Technical Risk:** As with any DeFi protocol, there are inherent smart contract risks, such as vulnerabilities or exploits. To mitigate these risks, the platform undergoes regular third party audits by accredited auditors, ensuring the security and integrity of the smart contracts

# Contracts **Token** Fairsale 0x553Fe5115392e2f024F1099E41A2f8ccB5eD2BcA GOOD 0x17176a9868F321411B15CCb9b934Cf95597E89c4 esGOOD 0xF360E073EFC1fd4cc2D21551A13781DdEFe888dE **Good Entry Degen Mode** GoodEntryCore 0xdDeC418c1a825Ac09aD83cc1A28a2c5Bcd746050 PositionManager 0x9d5E923645a06e5d7EA7AB8FE8498840bf5B9104 PM UpgBeacon 0xF171ab1cb5f0eae5e220574B425eFbfCcA2b6Bd6 StrikeManager 0x24b8f760525EdD32CeF26fB0c99d64c20De8eb8B Oracle impl 0xAD27c60FaEB2c1558A618422DeE8644b7a226A63 Oracle upgBeacon 0xA99e324B34d463671140B72EF654c740466F40A8 Oracle BeaconProxy 0x4A9EB72b72cB6fBbD8eF8C83342f252e519559e9 BlackScholes 0x8753beB01F05b9937ac932bfa49067290d137046 Referrals 0x6EE947E1eBB4dF794fBcbB0007523D2ca7d8c7fB GOOD 0x17176a9868F321411B15CCb9b934Cf95597E89c4 esGOOD 0xF360E073EFC1fd4cc2D21551A13781DdEFe888dE TeamTokens 0x58a4B9F9B2a15376ca9DCEAE587B0968d5729741 Implementations UniswapV3-0.05 0xa4A2e1Cc68601cEcfD97327D84E1A0541B8271a6 Univ3 UpgBeacon 0x3aEE19290E8504f108e6351E11982674904F7d9D GoodEntryVaultUniV2 sushi 0x194487ff11b0F06798894822Fb14d352083053d9 GoodEntryVaultUniV2 UpgBeacon 0x9c6d333a5f844C96c67076bA2984e7B0105F1690 GoodEntryVaultAlgebra19 0x3C525A97E03a2708a98eE1AB583107b97c866180 GoodEntryVaultAlgebra19 UpgBeacon 0xf1DeAa5bA620dF261F0aD070EC89b9f16BF329F1 Vaults ARB-USDC.e univ3 0x1ba92C53BFe8FD1D81d84B8968422192B73F4475 pm 0xc9f603aD9770b6B6419F75BBeB508073050c230C ARB-USDC.e Camelot 0xd5fE1A54fA642400ef559d866247cCE66049141B pm 0x8D905e2F41430795293aca990b83798a91aF1D53 ETH-USDC.e Camelot 0x36003A975bFC56f650590C26B1479ba423217931 pm 0x8c037eF65e1B3d2094AC75c301e2b1e6eA7e3D67 GMX-USDCn Camelot 0x21EB68Cc5a5d51b48e0DE743f321151523b7A15D pm 0xc03Ff47C5b9e437A573e927aF8b268dF892e4c14 WBTC-USDCn Camelot 0x5f6aB9b043C43FaB8D2A51EA85b70495B5EeFD15 pm 0xB7C602973c61eD1Fdb6F759559b217Af42066902 ETH-USDC Camelot 0xd666156C473Cc9539CAaCc112B3A3590a895C861 pm 0x0f652aAd7993D48bd6E876829aEDC068507a6cE3 ARB-USDC Camelot 0x419ae989a629Cc71834BDf6E3e8E33c9c3ED3Bb4 pm 0x73cfCbD36C0bb5574f6062279b6076C5e321A4E2 TokenisableRange 0x30ecA00cF2E180f7Dabb61625aa425e7A2fBdcdc OPM 0x1c773788E63BFb32171030fF219da5F66F2afbb7 RoeRouter 0x061D66e7392Bb056b771c398543f56F0D9Dd5137 TickMath 0x0c0f317bc667eE35De97DF6CEdbe6ff18C33b119 V3 proxy 0.3% 0x59Db3FBf181d129b3BD94B9f5209Afd0A9B39671 v3proxy 0.05% 0x40f785d85B89a565521952D3D8Ae731A6ea40126 v3proxy 1% 0x1cbb9Ff8ea68019e1ED1A48648CB6205f88f28f3 **V1 Vaults** WETH-USDC: 0x41D0ebB0F0Bcf7A06E395D0551Cc695e4318594d WBTC-USDC:0x819356bF26D384E7E70Cd26c07fc807e6B354F08 ARB-USDC:0xbB59f5324FeA11E538fC7f46C3C7bFE5Ad36e8b9 GMX-USDC: 0x48E455852669ADB747b3D16f2Bd8b541D696B697 **V0 Vaults \** WETH-USDC: 0x0d3cAA624E3a0076A6bc96Ba8D632D37F460Bc74 WBTC-USDC:0xdcc16DEfe27cd4c455e5520550123B4054D1b432 ARB-USDC:0x14475be7D59895739207a9E5518903f4B94345B7 GMX-USDC: 0xa82577af74ae9D450DC04dF62Fc5C14748a0B3Ae # Audits
The Good Entry contracts have been audited by Veridise Seucrity, Protofire, Peckshield, Code4rena, Slowmist the audit. Security reports can be found on: The audit titled Roe Finance was the previous project name for Good Entry. Good Entry continually audits the project to ensure safety for users can be maintained