We totally rethought our AMM swap fees allocation, to provide better and
more adapted rewards to every actor of the ecosystem.
It will result into a fairer and more sustainable protocol, which will guarantee its worth and efficiency on the long run.
A unique referral system for our partners in order to expand the use of
our DEX and bring birth to a new ecosystem.
Each project acting as a referrer and making its user swap on our DEX will automatically receive a share of those referred trading fees.
Excalibur returns the transaction fees to the users in the form of its
native token, EXC.
Each time you make a swap and pay a trading fee, up to 100% of it will be immediately claimable.
To incentivize long-term staking, we created a mechanism enabling users
to lock every deposit they make for up to 30 days.
The longer you lock your LPs, the more bonus rewards you'll earn.
Multiple simultaneous locks with different durations can also be set, allowing you to setup appropriate strategies.
Our second-layer token $GRAIL will act as shares of the DEX and will mainly
be obtainable through yield farming on EXC (native) pairs.
Simply holding $GRAIL into your wallet will pay you continuous daily dividends from the platform collected fees.
Most of the collected fees will be redistributed through our dividends
system, or be stored as project-owned liquidity governed by a DAO.
The remaining part will be used as a user insurance via a SAFU funds, and to our team & treasury to further develop Excalibur.
Bonding is a complementary way for Excalibur to acquire its own liquidity.
The bonder can claim some $GRAIL rewards (our shareholding token) as they vest, and will be able to get the full amount once the end of the vesting term has been reached.