Sunsetting @GooseFX1. To our community, partners, and supporters: After years of building, learning, and iterating in one of the fastest-moving ecosystems in crypto, we’ve made the difficult decision to wind down GooseFX indefinitely. This has never been just a project to us—it’s been a mission to push boundaries and try things no one else has done before. Our journey started with the launch of SSL—Single Sided Liquidity—an ambitious new model for decentralized liquidity provisioning. It was a massive technical and design undertaking, and at the time, no one else on Solana had attempted something quite like it. We were encouraged by early traction and strong product-market fit, but ultimately, we found that SSL wasn’t scalable in the long run—especially in a landscape that demands speed, efficiency, and aggregation compatibility. We could’ve taken a simpler route: launched a standard AMM from the start and focused on quick integrations, but we made the conscious choice to venture into the unknown and build something different, even if that meant things might break. We’ve always believed that DeFi moves forward through experimentation—and sometimes those experiments don’t become sustainable businesses, but they leave behind learnings that help shape the next iteration. When we pivoted to a traditional constant-product AMM with a dynamic fee design, the integration process with aggregators took longer than expected. By the time we were fully integrated, the market structure had evolved—this time toward oracle-based AMMs. We shipped an oracle based AMM which worked well with our dynamic fee design, but the reality was that maintaining the necessary on-chain price updates (1 slot, each slot) was prohibitively expensive and exhausted our burn rate. Competing at that level requires significant scale, bandwidth, and capital that we no longer had. Through our development of SSL we built one of the most expansive testing suites and helped other aggregators in pushing the limits of scalability. We also built several tools that we open sourced that can be found in our organizational repo (github.com/GooseFX1). When Pyth first published their Pull model we were at one point the first and largest subscribers to get price updates. Through all of these challenges, what remained constant was the dedication of our team. I’m deeply grateful to everyone who stuck with us through the pivots, the wins, and the losses. It takes real conviction to stay on board when things get hard—and our team never wavered in their belief in what we were building, right until the very end. That kind of loyalty and grit is rare, and I want to thank each of you from the bottom of my heart. I personally did not sell a single token since inception (even when offered with large OTC deals), as money was never a primary motive for me. We only ever raised a $4.5M seed round and managed to stretch that over almost 4 years. I have seen startups with $10-100M rounds not last that long, so I do appreciate our team and our ability to persevere much longer than most startups. We’ll begin winding down immediately, with most infrastructure deprecated over the next few weeks. While this chapter closes, the vision that inspired GooseFX continues. I will continue to advocate for Solana and assist any founders/protocols in anyway I can as I truly believe we are shaping the next version of finance. I am open to working on PM/Operations or advisory roles with the right protocols (feel free to reach out). I’ve never really been one to give up, so I’ll likely do another startup again when the time is right. Thank you for believing in us, and for being part of the GooseFX story.
