David D

NOLOYOLO CEO

[Pacifica @pacifica_fi]

Today, we launch Pacifica's closed beta.
https://t.co/NToYytArJ7

I know what you're thinking: "Another perp DEX?"

Let me tell you why this one matters.

[David D @David_NOLOYOLO]

@pacifica_fi LFGGGGG!

[David D @David_NOLOYOLO]

@theNovaStrategy Merry Christmas 🎄

[David D @David_NOLOYOLO]

@EmmanuelMacron #FreePavel #FREEDUROV

[Satoshi Friends @slezisatoshi]

#FREEDUROV

[David D @David_NOLOYOLO]

@DWFLabs @theNovaStrategy Good stuff guys! Moon it🚀

[David D @David_NOLOYOLO]

@theNovaStrategy @DWFLabs I believe that means a better performance for many high quality projects 🚀🚀

[David D @David_NOLOYOLO]

Crypto futures have hundreds of billions of dollars in volume every day.

If even 1% were no-loss, @noloyolo_ would have changed trading forever.

We're aiming a little higher than 1% though 😉

[David D @David_NOLOYOLO]

This weekend was an important test for @noloyolo_

We saw a lot of liquidations across the market as prices went down, and a fair few testers hit their stop-loss levels on the platform.

All of them received a no-loss payout.

Their net balance is what they started with, minus the standard funding fees you pay for the open position.

We're continuing to test the platform with our current whitelist, but we're working hard to bring the platform to a wider userbase as quickly as we can.

We're going to make liquidations a thing of the past.

[NOLOYOLO @noloyolo_]

Traders on NOLOYOLO hit some stop losses over the weekend.

But do you know how many got liquidated?

Exactly 0

🧵

[NOLOYOLO @noloyolo_]

The future of futures is surprisingly simple.

[David D @David_NOLOYOLO]

I wanted to give a little insight into no-loss payments on @noloyolo_ 🦢

This isn't your average #DEX.

We're building a platform that offers guaranteed payouts to users that hit their stop loss on a trade.

It's unprecedented.

The mechanics though are actually quite simple.

You configure a position and set a stop-loss (between 2% and 5%).

At this point, we already know how much you'd lose if you hit the stop-loss.

When you open the position, that amount is reserved from a liquidity pool.

At the same time, your position is opened on the @GMX_IO orderbook.

You hit your SL, the trade gets closed, and the tokens are returned - minus the amount you lost.

When when this happens, you receive the returned amount + the reserved no-loss payout.

When you trigger your SL on NOLOYOLO the amount paid out to you is equal to your initial (minus some small position fees).

This is what we mean by no-loss. You actually can't lose.

In our closed Alpha, we might tweak this as we see how this model responds to traders in the real world.

In our internal tests and projections, it holds up remarkably well.

No-loss trading is nearly here.

[NOLOYOLO @noloyolo_]

The old model of risk-on, long or short positions is getting thrown out the window and replaced with something better:

No-loss trading 🦢

Impossible?

Nope. We built it.

Let's break it down 🧵👇

[GMX 🫐 @GMX_IO]

Thank you for building this on GMX!

[David D @David_NOLOYOLO]

It's been a lot of work, but finally, @noloyolo_ is here!

Congrats to @0mllwntrmt3 and the rest of the team for building a truly unique trading platform. We're about to change crypto forever.

[NOLOYOLO @noloyolo_]

The floodgates have opened.

No-loss trading is LIVE for beta testers 🦢

Don't forget to join the Discord to brag about your wins 🫡

(easy, because every trade is a win)

[David D @David_NOLOYOLO]

@spartan1612 This will be one of our top priorities

[David D @David_NOLOYOLO]

We want to make sure NOLOYOLO is accessible for everyone, even if English isn't your first language!

What languages should we translate our docs to first? 👇

[David D @David_NOLOYOLO]

@baiweiart @noloyolo_ is built for anyone who knows absolutely nothing about trading!

You could close your eyes and press random buttons and still never lose 🦢

[NOLOYOLO @noloyolo_]

What are you, a degen on CT, doing if you're not, right now, joining the NOLOYOLO Discord?

Beta s👀n.

Don't overthink it anon 👇
https://t.co/byzYZ7XgHl

[David D @David_NOLOYOLO]

@curiosoacerca @noloyolo_ Yep this is going to be an important market

[David D @David_NOLOYOLO]

@rekt_otaku @noloyolo_ It's high on our list!