Troviary

Long degeneracy, short the degenerates

[Troviary @Utopimist]

@izebel_eth Please talk about the queue issue more clearly, do you see it as a features and plan on leaving it the way it is, or you plan on improving it? It's kinda super important because 1000x with queue time is not doable.

[Troviary @Utopimist]

@izebel_eth 1000x with queue issue is not doable, fix it!!! Or at least inform us if whether you plan on improving it via migration to elysium or no. For now it's unclear for us what the devs view are on the queue thing and it's a pretty big deal.

[Troviary @Utopimist]

@cardboard_trade Keep up to progress.

[Troviary @Utopimist]

@FoxyhitsW Tht's about just 3 bet win in a row on polymarkete.

[Troviary @Utopimist]

@DegenApe99 @papertrade_xyz That much queue time at 1000x is not doable.

[Troviary @Utopimist]

@cardboard_trade Remove 5bps fees, just copy exact same fees structure as papertrade plz.

[Troviary @Utopimist]

@coinmamba You don't have the queue problem?

[Troviary @Utopimist]

@foudlagarev2 AI

[Troviary @Utopimist]

@IgorsLat @Enter_Elysium @papertrade_xyz I believe jez doesn't see his papertrade vision being dependent on elysium. Decentralized protocol must be pegged to hyperliquid and not an L2.

[Troviary @Utopimist]

@Stupifff @Akkukap @jtx_trade @jito Only big advantage cardboard has over papertrade is that it's on solana so the queue is way less bad. Day trader or scalpers have better chance of making money on cardboard. Papertrade 20 minutes to open close a position on 1000x is not doable.

[Troviary @Utopimist]

@jup_burst @JupiterExchange 3. Implementing martingaler lp mechanism would skyrocket this thing so high because papertrade biggest downside is the qeue issue which kills the 100$ to 1million$ dream. Papertrade but without the queue thing would be the holygrail. You guys have the poewr to do it.

[Troviary @Utopimist]

@jup_burst @JupiterExchange 2. Is it possible to lower the minimum leverage to 200X? Even if I'm a big degen, 500x lev seems a bit too risky even when taking trades on the 1 minute time frame. 0.2% bust?? Need at least 0.5%. Minimum 500x min is kinda repulsing me from taking trades.

[Troviary @Utopimist]

@jup_burst @JupiterExchange 1. Why is there a jupUSD conversion when taking a trade? Would be better if there was just USDC or SOL. Less latency and no 0.5% slippage.

[Troviary @Utopimist]

@von_hl Thanks for this lol.

[Troviary @Utopimist]

Papertrade has a queue issue, which makes scalping or day trading impossible.

Cardboard over 5m lp surplus "may" go to stakers and there's a 5bps fees +2bps deadband fees + 2% fees. Overcomplicated version of papertrade.

For now, only Jupiter YOLO is ok but still small lp.

[Troviary @Utopimist]

@awesomesinyee This papertrade knockoff launched few hours ago on solana already has 242k in lp balance with 500k in TVL. You guys are crazy not to implement the martingaler lp system in YOLO. It's so in demand right now, all ppl who missed out on papertrade will fomo in YOLO if you just use it

[Troviary @Utopimist]

@Picolas_Caged Wdym they take all your money? LP is just not capped at 5m and surplus doesn't go to stakers that's it... all losing money goes to lp with no limited cap.

[Troviary @Utopimist]

@sssionggg If the jup exchange can just fork papertrade 1:1 but on solana instead, like literally same thing as papertrade but just on solana to eleminate the queue factor, it has a chance to pass papertrade itself. The queue thing is the #1 thing that destroy the dream to turn 100$ to 1m.

[Troviary @Utopimist]

@sssionggg @papertrade_xyz 4. Add the martingaler lp system, this papertrade knockoff launched few hours ago already has 242k in lp and 500k in TVL despite having significant worse tech than papertrade & unknown dev. You guys are crazy to not implement the martingaler mechanism while its so in demand rn.

[Troviary @Utopimist]

@sssionggg @papertrade_xyz 3. Why is there a conversion to jupUSD when opening a position? Not only it increase the latency but it has a slippage as well. Maybe make it openeable via SOL only or USDC only?