What is 3xcalibur? 3xcalibur is a Liquidity Marketplace built on Tri-AMM developed on Arbitrum. 3xcalibur supports users to use Swap services (for regular stablecoins and crypto assets) or Lending & Borrowing.
So let’s find out if there’s anything interesting about this project in the article below.
What is 3xcalibur?
Define
What is 3xcalibur? 3xcalibur is a Liquidity Marketplace built on Tri-AMM developed on Arbitrum’s blockchain. From Liquidity Marketplace, 3xcalibur develops 3 more main products including:
- 3xcaliSwap
- 3xcaliCredit
- 3xcaliGovern
3xcaliSwap
3xcaliSwap is an AMM built on top of Andre Cronje’s Solidly. 3xcaliSwap offers the following products to users:
- Swap: Normal buying, selling and trading actions from users similar to popular AMM platforms on the market.
- MultiSwap: Allows users to trade many types of assets at the same time (for example, exchange 10,000 DAI for BTC, ETH, USDC, USDT,…) to save time and transaction costs for users .
- Liquidity provision: 3xcaliSwap includes 2 types of pools:
- Pools for assets at par will operate according to the formula: x^3*y + y^3*x = k. Transaction fee: 0.0369%.
- Pools for other crypto assets will follow the usual formula: x*y=k. Transaction fee: 0.27%.
- Zap and MultiZap: Allow users to trade crypto assets directly into one or more LP tokens.
3xcaliCredit
3xcaliCredit is built and developed based on Timeswap. 3xcaliCredit is a Lending & Borrowing platform built on 3xcaliSwap itself, thus helping users borrow or mortgage any type of crypto asset unlike conventional Lending Protocols on the market.
3xcaliGovern
Similar to Solidly’s model, the project allows users to lock XCAL – 3xcalibur’s native token from 1 week to 3.69 years to receive veXCAL. With veXCAL users can vote to decide which trading pair pool will receive more incentives and rewards from the platform.
3calibur’s ecosystem
3calibur’s development team hopes to build a large ecosystem covering 3calibur with the leading company being 3six9 Inovation, including the following products:
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Header
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Development Goals |
|---|---|
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3six9 Innnovation Enterprise |
3six9 Innnovation Enterprise is a company focused on consulting and guiding companies that want to apply blockchain technology to their businesses. |
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UnR3kt |
A product that provides insurance to stablecoin holders in case it loses its $1 peg. |
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ILinsure |
Continues to be an insurance product for Liquidity Providers (Thanh Khaon Providers) in case they suffer Impermanent Loss. |
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3six9 Cognitio |
3six9 Cognitio is a department specializing in researching new products such as Credit Protocol, zkKYC (applying zk technology to verify users), and ways to optimally design stablecoins. |
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3six9 Imaginari |
3six9 Imaginari is divided into 2 stages as follows: Phase 1: Focus on developing images for 3calibur. Phase 2: Releasing NFTs, games, cartoons, comics based on 3calibur’s development story. |
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3xcalibur |
The first project developed towards important industries in DeFi such as AMM, Lending & Borrowing. |
Core Team
Currently there is no information about the development team of the 3six9 Inovation project.
Investor
There is no information yet on whether 3six9 Inovation has called for capital yet.
Tokenomics
Information about 3xcalibur tokens
- Token name: 3xcalibur Ecosystem Token
- Code: XCAL
- Blockchain: Arbitrum
- Token classification: ERC 20
- Contract: 0xd2568accd10a4c98e87c44e9920360031ad89fcb
- Total supply: 27,000,000
Token Allocation
- Native Token Emissions: 36.9%
- Core Team: 21%
- Public Round: 18%
- Tresury: 17.6%
- Airdrops: 3.5%
- Advisors: 3%
Token Release
- Advisor: Lock for 3 months from the time of TGE and release linearly within 6 months.
- Core Team: Linear release over 3.69 years
Token Use Case
Users can lock XCAL to the platform from 1 week to 3.69 years to receive veXCAL to participate in voting on the platform.
3xcalibur’s Information Channel
- Website: https://www.3xcalibur.com/
- Community Round: https://round.3xcalibur.com/
- Twitter: https://twitter.com/3xcalibur69
- Discord: discord.gg/3xcalibur
Summary
3xcalibur is a potential project developed based on many existing models with many optimizations. However, it still takes a lot of time to observe the development of the project to see how much the project can really do compared to what the project shares.
