Forwarded from goodcryptoX announcements
The state of GOOD - month 1: growth, yield & what’s next 🚀
It’s been one month since we launched GOOD – not just a token, but an entire ecosystem. One where the token, product, and user activity amplify each other, creating real, organic growth. 🔃
To give you the full picture of the GOOD launch and what’s ahead, our founder Maks prepared for you a report covering:
🔸 Revenue sharing, trading rewards, airdrops & token burns: their role in our growth flywheel and key progress stats so far;
🔸 GOOD launch recap: key metrics and stats from the token launch;
🔸 Product updates, upcoming releases, marketing philosophy, and more exclusive insights from our founder.
Want the full report? Click on the button below 👇
It’s been one month since we launched GOOD – not just a token, but an entire ecosystem. One where the token, product, and user activity amplify each other, creating real, organic growth. 🔃
To give you the full picture of the GOOD launch and what’s ahead, our founder Maks prepared for you a report covering:
🔸 Revenue sharing, trading rewards, airdrops & token burns: their role in our growth flywheel and key progress stats so far;
🔸 GOOD launch recap: key metrics and stats from the token launch;
🔸 Product updates, upcoming releases, marketing philosophy, and more exclusive insights from our founder.
Want the full report? Click on the button below 👇
👏4❤1
Ok...where to begin...
What happened last night on CEXs...well...I'm not sure I've seen anything quite like it since at least 2017 when I fell into the crypto rabbit hole...
BTC fell a bit... ETH fell... for virtually every other coin it seemed that liquidity simply vanished...
This is not the place to speculate on how and why, so I'll simply state the facts, and try to explain my thinking on what I'm gonna do next and why.
On CEXs I ran 60 DCAs as of yesterday evening. 37 of them caught SLs. 37
That pretty much wiped out my CEX DCA portfolio - to the tune of 90%+.
At least 3 things are notable here:
1) On DEXs I caught 0 SLs on Solana out of 90 DCAs I run. 0 out of 90.
On Base - 0 SLs out of 35 DCAs.
Only on BSC I got 3 SLs out of 15 (might it have something to do with BSC being the closest on-chain proxy to Binance?...but I digress)
2) I got zero liquidations yesterday. Only SLs. It's not the first time my CEX DCA portfolio got almost wiped out - but in all previous instances it's been because of over-leverage and 10-15% of bots catching SLs and causing cascading liquidations.
Yesterday: zero liquidations, 60% of DCAs catching SLs. Unseen. Unheard of.
3) On CEXs - there was noting I could have done to prevent it. Yes, I could have tweaked settings a bit - but realistically - there was no way to not lose a large chunk yesterday.
My SLs are at ~51% from entry.
If I had SLs at -60% - I would have avoided 5 SLs out of 37.
If I had SLs at -70% - I would have avoided 16 SLs out of 37 (less than half).
Even ff I had SLs at -80% - I would have still caught 12 SLs (-20-25% of portfolio).
But come on - even on Solana I have only part of my setups with SLs at 80%+.
On CEXs there is simply not enough volatility to earn any meaningful return with a setup covering 80%+ of price range.
Interestingly enough - you, on average somehow fared better than me - only 30% of CEX DCAs in the system stopped overnight. Ok, part of it is Spot + some were probably restarted, but still...
So, where do I (we) go from here?
Do I overhaul my entire CEX DCA philosophy?
Or was it a truly one-off event that is not likely to ever repeat?
Well...the verdict is still out and I'm still making my mind about it.
But at least at the moment I'm leaning closer to the latter.
Nevertheless, some changes certainly need to be made.
At the moment my thinking is the following:
1) I'll increase cooldown period to 30 min - that's for sure
2) I'll probably still increase the price range covered by my CEX DCAs to either 60% or 70% - still undecided here
3) I'll probably increase the TP % as well to compensate for the covered price range increase - maybe up to 5% or smth like that - still thinking...
On the other hand I'm still weighing going in a completely different direction - decreasing the covered price range and tightening the stop-loss - as in "cut your losses early".
Frankly, I need to think about this more.
A quick bonus for late-Saturday readers: a list of my CEX DCAs that survived the carnage:
LYN
AKE
TRUTH
VFY
LIGHT
ASTER
AIA
BARD
XPIN
UB
IN
FHE
PTB
NODE
BSU
LAUNCHCOIN
AIO
RHEA
ASP
VELVET
SOON
PIPPIN
FWOG
What happened last night on CEXs...well...I'm not sure I've seen anything quite like it since at least 2017 when I fell into the crypto rabbit hole...
BTC fell a bit... ETH fell... for virtually every other coin it seemed that liquidity simply vanished...
This is not the place to speculate on how and why, so I'll simply state the facts, and try to explain my thinking on what I'm gonna do next and why.
On CEXs I ran 60 DCAs as of yesterday evening. 37 of them caught SLs. 37
That pretty much wiped out my CEX DCA portfolio - to the tune of 90%+.
At least 3 things are notable here:
1) On DEXs I caught 0 SLs on Solana out of 90 DCAs I run. 0 out of 90.
On Base - 0 SLs out of 35 DCAs.
Only on BSC I got 3 SLs out of 15 (might it have something to do with BSC being the closest on-chain proxy to Binance?...but I digress)
2) I got zero liquidations yesterday. Only SLs. It's not the first time my CEX DCA portfolio got almost wiped out - but in all previous instances it's been because of over-leverage and 10-15% of bots catching SLs and causing cascading liquidations.
Yesterday: zero liquidations, 60% of DCAs catching SLs. Unseen. Unheard of.
3) On CEXs - there was noting I could have done to prevent it. Yes, I could have tweaked settings a bit - but realistically - there was no way to not lose a large chunk yesterday.
My SLs are at ~51% from entry.
If I had SLs at -60% - I would have avoided 5 SLs out of 37.
If I had SLs at -70% - I would have avoided 16 SLs out of 37 (less than half).
Even ff I had SLs at -80% - I would have still caught 12 SLs (-20-25% of portfolio).
But come on - even on Solana I have only part of my setups with SLs at 80%+.
On CEXs there is simply not enough volatility to earn any meaningful return with a setup covering 80%+ of price range.
Interestingly enough - you, on average somehow fared better than me - only 30% of CEX DCAs in the system stopped overnight. Ok, part of it is Spot + some were probably restarted, but still...
So, where do I (we) go from here?
Do I overhaul my entire CEX DCA philosophy?
Or was it a truly one-off event that is not likely to ever repeat?
Well...the verdict is still out and I'm still making my mind about it.
But at least at the moment I'm leaning closer to the latter.
Nevertheless, some changes certainly need to be made.
At the moment my thinking is the following:
1) I'll increase cooldown period to 30 min - that's for sure
2) I'll probably still increase the price range covered by my CEX DCAs to either 60% or 70% - still undecided here
3) I'll probably increase the TP % as well to compensate for the covered price range increase - maybe up to 5% or smth like that - still thinking...
On the other hand I'm still weighing going in a completely different direction - decreasing the covered price range and tightening the stop-loss - as in "cut your losses early".
Frankly, I need to think about this more.
A quick bonus for late-Saturday readers: a list of my CEX DCAs that survived the carnage:
LYN
AKE
TRUTH
VFY
LIGHT
ASTER
AIA
BARD
XPIN
UB
IN
FHE
PTB
NODE
BSU
LAUNCHCOIN
AIO
RHEA
ASP
VELVET
SOON
PIPPIN
FWOG
❤14👍3😱3
UPTOBER on Solana
CA:
An especially ironic DCA with a not-so-ironic return.
My DCA bot on UPTOBER has been running for 12 days and is returning a 600% APY.
What's interesting, if anything, the recent drawdown gave it another impulse - it did finally break out after a prolonged slump.
There is no telling how long UPTOBER will be able to keep up - but at the moment it looks quite good.
enjoy?)
CA:
6vVfbQVRSXcfyQamPqCzcqmA86vCzb2d7B7gmDDqpumpAn especially ironic DCA with a not-so-ironic return.
My DCA bot on UPTOBER has been running for 12 days and is returning a 600% APY.
What's interesting, if anything, the recent drawdown gave it another impulse - it did finally break out after a prolonged slump.
There is no telling how long UPTOBER will be able to keep up - but at the moment it looks quite good.
enjoy?)
👍5😁3
nl on Solana
CA:
An interesting Solana DCA.
I've been running my DCA bot on nl for over two weeks now, and it's returning an almost 600% APY.
I've been meaning to share this setup a couple of times already - but it always looked like it was about to die.
Nevertheless, it continues to plough on - so I've decided it merits a share. It may well be a cigar butt, but it sure looks like it's got quite a few puffs left in it.
I'd keep the settings as is just to be on the safe side - but feel free to scale the size up - it's got adequate liquidity and volume.
have fun!
CA:
5ThrLJDFpJqaFL36AvAX8ECZmz6n4vZvqMYvpHHkpumpAn interesting Solana DCA.
I've been running my DCA bot on nl for over two weeks now, and it's returning an almost 600% APY.
I've been meaning to share this setup a couple of times already - but it always looked like it was about to die.
Nevertheless, it continues to plough on - so I've decided it merits a share. It may well be a cigar butt, but it sure looks like it's got quite a few puffs left in it.
I'd keep the settings as is just to be on the safe side - but feel free to scale the size up - it's got adequate liquidity and volume.
have fun!
❤4👍1
$GREMLY on Solana
CA:
A very nice Solana DCA, discovered accidentally.
12 days ago we were debugging something and I was looking for a coin with a very low price. Stumbled upon $GREMLY. Liked the chart, launched a DCA.
12 days later my DCA bot on $GREMLY is consistently returning a 500%+ APY, with a "nice" chart and no reaction to the recent dump.
Will be scaling it with the same settings.
enjoy!
CA:
X69GKB2fLN8tSUxNTMneGAQw79qDw9KcPQp3RoAk9cfA very nice Solana DCA, discovered accidentally.
12 days ago we were debugging something and I was looking for a coin with a very low price. Stumbled upon $GREMLY. Liked the chart, launched a DCA.
12 days later my DCA bot on $GREMLY is consistently returning a 500%+ APY, with a "nice" chart and no reaction to the recent dump.
Will be scaling it with the same settings.
enjoy!
❤5👍2
XPIN
An amazing CEX DCA.
My DCA bot on XPIN has been running for 25 days now and is returning a DEX-like APY of 130%.
The 10x leverage I use turns it into a 1,300% ROE for me already sustained for over 3 weeks with no signs of a slowdown!
What's more, my DCA bot on XPIN survived the weekend carnage!
It bounced after reaching 11th avg level enough to hit the TP before proceeding to fall into the abyss.
I'm still in the process of figuring out the best CEX setup to proceed forward with given the recent experience.
If I was relaunching XPIN now, I'd probably go with 1.25 price step multiple and TP increased to 4%. Or you can leave everything as is - after all, it did survive the drop that is not likely to ever repeat.
enjoy!
An amazing CEX DCA.
My DCA bot on XPIN has been running for 25 days now and is returning a DEX-like APY of 130%.
The 10x leverage I use turns it into a 1,300% ROE for me already sustained for over 3 weeks with no signs of a slowdown!
What's more, my DCA bot on XPIN survived the weekend carnage!
It bounced after reaching 11th avg level enough to hit the TP before proceeding to fall into the abyss.
I'm still in the process of figuring out the best CEX setup to proceed forward with given the recent experience.
If I was relaunching XPIN now, I'd probably go with 1.25 price step multiple and TP increased to 4%. Or you can leave everything as is - after all, it did survive the drop that is not likely to ever repeat.
enjoy!
👍7
ZC on Solana
CA:
🏆 The most profitable DCA bot I ever ran.
My DEX DCA on ZC is returning an astonishing 2,000%+ APY sustained for over two weeks!
What's more, this return is achieved with quite conservative settings that can be relaxed to further boost its profitability.
As you can see the bot already made over 100 USDC in profit while it only requires a maximum of 132 USDC to run.
And ZC has over $2M of 24h trading volume, meaning I can easily scale the bot several fold. Which I fully intend to do after I post this.
I will also decreased the price step multiple to 1.25 and first avg. order price step to 3% (this is the "relaxing" of conservative settings I mentioned).
enjoy!
CA:
GVvPZpC6ymCoiHzYJ7CWZ8LhVn9tL2AUpRjSAsLh6jZC🏆 The most profitable DCA bot I ever ran.
My DEX DCA on ZC is returning an astonishing 2,000%+ APY sustained for over two weeks!
What's more, this return is achieved with quite conservative settings that can be relaxed to further boost its profitability.
As you can see the bot already made over 100 USDC in profit while it only requires a maximum of 132 USDC to run.
And ZC has over $2M of 24h trading volume, meaning I can easily scale the bot several fold. Which I fully intend to do after I post this.
I will also decreased the price step multiple to 1.25 and first avg. order price step to 3% (this is the "relaxing" of conservative settings I mentioned).
enjoy!
🔥13❤8
PFP on Solana
CA:
A 600% APY DEX DCA.
My DCA bot on PFP has been running for 12 days.
It's returning a more than respectable 600% APY.
It does seem to be fading out a bit - but even if true such setups can actually by ideal for a DCA bot (provided it bounces back regularly).
Liquidity is decent and the trading volume is great ($700k). If you think it's fading away you can leave the setting as is. If you think its gonna continue as is - you might tighten the covered price range to boost its profitability.
enjoy!
CA:
5TfqNKZbn9AnNtzq8bbkyhKgcPGTfNDc9wNzFrTBpumpA 600% APY DEX DCA.
My DCA bot on PFP has been running for 12 days.
It's returning a more than respectable 600% APY.
It does seem to be fading out a bit - but even if true such setups can actually by ideal for a DCA bot (provided it bounces back regularly).
Liquidity is decent and the trading volume is great ($700k). If you think it's fading away you can leave the setting as is. If you think its gonna continue as is - you might tighten the covered price range to boost its profitability.
enjoy!
❤7🙏2🥰1
AIA
A phemonenal CEX DCA.
My DCA bot on AIA is returning a 176% APY after 3 weeks!
With my 10x leverage it translates to a 1,760% ROE 🙈
And AIA's 170%+ APY has been consistent over the past 3 weeks (i.e. it's was not artificially pumped by a one-off trip to 11th avg. and back on the recent market dump). If anything, my AIA bot sat that one out as you can see on the chart.
Incredible.
enjoy!
A phemonenal CEX DCA.
My DCA bot on AIA is returning a 176% APY after 3 weeks!
With my 10x leverage it translates to a 1,760% ROE 🙈
And AIA's 170%+ APY has been consistent over the past 3 weeks (i.e. it's was not artificially pumped by a one-off trip to 11th avg. and back on the recent market dump). If anything, my AIA bot sat that one out as you can see on the chart.
Incredible.
enjoy!
👍18❤7
CAP on Solana
CA:
Quite possibly a monster in the making.
My DCA bot on CAP has been running for 8 days with very conservative settings and is easily returning a 600%+ APY.
The bulk of the return came not from major drops but rather from sharp rebounds + trailing TPs taking advantage of them. That is a rare sighting.
I'll be relaunching this bot with a 1.25 price step multiple and a much larger order size.
enjoy!
CA:
7E2iF4WFs5biCtkAVFCBPEdnpg7t2D19VzxjxEPvpumpQuite possibly a monster in the making.
My DCA bot on CAP has been running for 8 days with very conservative settings and is easily returning a 600%+ APY.
The bulk of the return came not from major drops but rather from sharp rebounds + trailing TPs taking advantage of them. That is a rare sighting.
I'll be relaunching this bot with a 1.25 price step multiple and a much larger order size.
enjoy!
❤15🙏6🔥1
LION on Solana
CA:
A monster of a DCA.
My DEX DCA bot on LION is returning a 1,000+ APY after 10 days!
Not much to add.
I'll be restarting it with a bit lower price step multiple and a much higher order size.
enjoy!
CA:
8NfK7b9u1RvMpHJnAnZki4mNQwjhvzrVZs7bRQatpumpA monster of a DCA.
My DEX DCA bot on LION is returning a 1,000+ APY after 10 days!
Not much to add.
I'll be restarting it with a bit lower price step multiple and a much higher order size.
enjoy!
👍12❤3😁1
ASTER
A 380% ROE CEX DCA that survived the carnage.
I've been running my DCA bot on ASTER for 23 days now.
It is returning a 38% APY - which is very solid for a CEX DCA, if not spectacular.
With 10x leverage I use it's a 380% ROE - please, thank you, I'll take it every day of the week.
And the fact that the setup survived the recent carnage with ease makes that already impressive 380% ROE truly spectacular.
enjoy!
A 380% ROE CEX DCA that survived the carnage.
I've been running my DCA bot on ASTER for 23 days now.
It is returning a 38% APY - which is very solid for a CEX DCA, if not spectacular.
With 10x leverage I use it's a 380% ROE - please, thank you, I'll take it every day of the week.
And the fact that the setup survived the recent carnage with ease makes that already impressive 380% ROE truly spectacular.
enjoy!
❤9👍7
COIN on Base
CA:
A half-decent DCA on Base.
Base does not provide a lot of reasons for being excited recently.
So we gotta make do with what we've got.
I've been running my DCA on COIN for 25 days now - basically on the screenshot you see the entire period on chart.
COIN has been returning on average a 200% APY - not bad, all things considered.
As you can see I had to restart the bot quit a few times - mostly because of the max. slippage errors.
By the current iteration I got the slippage up to Solana-level 15% AND I switched the TP to swap since the moves on COIN are too violent for a trailing order to my liking.
If I were restarting it now I'd take the price step multiple down to 1.2.
Re order size - you can certainly scale it from my levels, but do not go too crazy - it has decent, but not illustrious liquidity and trading volume ($500k and $150k respectively).
have fun!
CA:
0x8e16d46cb2da01cdd49601ec73d7b0344969ae33A half-decent DCA on Base.
Base does not provide a lot of reasons for being excited recently.
So we gotta make do with what we've got.
I've been running my DCA on COIN for 25 days now - basically on the screenshot you see the entire period on chart.
COIN has been returning on average a 200% APY - not bad, all things considered.
As you can see I had to restart the bot quit a few times - mostly because of the max. slippage errors.
By the current iteration I got the slippage up to Solana-level 15% AND I switched the TP to swap since the moves on COIN are too violent for a trailing order to my liking.
If I were restarting it now I'd take the price step multiple down to 1.2.
Re order size - you can certainly scale it from my levels, but do not go too crazy - it has decent, but not illustrious liquidity and trading volume ($500k and $150k respectively).
have fun!
❤8
SWIPE on Solana
CA:
My DCA bot on SWIPE is returning a 400% APY after two weeks. Not bad at all!
The coin is not super liquid and the trading volume is not huge - but the conservative 1.3 price step multiple does account for that.
Don't go too crazy on the order size - but you can certainly increase it several x vs mine.
have fun!
CA:
BuWe9Wd5XqCUUV1xZMtcpCPg7iqdYoyC8dBdSbEUpumpMy DCA bot on SWIPE is returning a 400% APY after two weeks. Not bad at all!
The coin is not super liquid and the trading volume is not huge - but the conservative 1.3 price step multiple does account for that.
Don't go too crazy on the order size - but you can certainly increase it several x vs mine.
have fun!
👍13
VFY
Another excellent CEX DCA.
My bot on VFY has been running for over three weeks.
It is returning an outstanding 69% APY (690% ROE at 10x leverage).
It did survive the market crash on Oct 10th - it sat that one out (entry signal + cooldown combo helped). But even if it'd been in the market the max drawdown that day on VFY was just above 50% - wa-a-a-ay less than on most alts.
The only downside to VFY is that it seems to be slowing down in the recent days - but even if it returns half of what it's been returning so far - it'll still be an excellent setup.
enjoy!
Another excellent CEX DCA.
My bot on VFY has been running for over three weeks.
It is returning an outstanding 69% APY (690% ROE at 10x leverage).
It did survive the market crash on Oct 10th - it sat that one out (entry signal + cooldown combo helped). But even if it'd been in the market the max drawdown that day on VFY was just above 50% - wa-a-a-ay less than on most alts.
The only downside to VFY is that it seems to be slowing down in the recent days - but even if it returns half of what it's been returning so far - it'll still be an excellent setup.
enjoy!
👍6🙏3
VCM on Solana
CA:
A nice Solana DCA.
I've been running my DCA bot on VCM for 40 days now. It is returning a solid 200%+ APY.
Maybe not as spectacular as some other Solana setups - but, then again - for 40 days already!
And you can certainly decrease the price step multiple to at least 1.25 here to give the APY that extra boost. That's what I'll be doing.
It's not the most liquid of coins - so go easy on order size (but you can certainly scale it several x vs mine).
enjoy!
CA:
GMcThHFBnN6zjB2Mvbgdi19A2m35g81y7B1AKhgGbonkA nice Solana DCA.
I've been running my DCA bot on VCM for 40 days now. It is returning a solid 200%+ APY.
Maybe not as spectacular as some other Solana setups - but, then again - for 40 days already!
And you can certainly decrease the price step multiple to at least 1.25 here to give the APY that extra boost. That's what I'll be doing.
It's not the most liquid of coins - so go easy on order size (but you can certainly scale it several x vs mine).
enjoy!
👍5🙏3❤2
TREMOR on Solana
CA:
Another steady Solana DCA.
My bot on TREMOR has been running for over 30 days and is returning a steady 200%+ APY.
What's more, the chart clearly says that we can tighten the settings considerably and boost the APY further.
I'd go with a 1.2 price step multiple, 3% 1st avg. price step, and a 9% + 2% trail TP.
Similar to previous setup, TREMOR's liquidity is not eye-watering, but can certainly support a much higher order size than my current one.
enjoy!
CA:
Egs8S3cnfyYHBHiczH5d6v2Xj47AiSaD8gXm9xLkBAGSAnother steady Solana DCA.
My bot on TREMOR has been running for over 30 days and is returning a steady 200%+ APY.
What's more, the chart clearly says that we can tighten the settings considerably and boost the APY further.
I'd go with a 1.2 price step multiple, 3% 1st avg. price step, and a 9% + 2% trail TP.
Similar to previous setup, TREMOR's liquidity is not eye-watering, but can certainly support a much higher order size than my current one.
enjoy!
👍7