Thread by @CoinSurveyor

$EXC @ExcaliburDeFi

Def my top pick for going into the weekend. DEX UI/UX is clean and functional.

They had a very successful fair launch and emissions are set to go live in about 2 hours.

$FTM #FTM #FANTOM

This is another dual token system:
$EXC is the main token and can be purchased directly on their site. It can be earned by staking non $EXC pairs as well as selective incentive single stake pools. I assume they’ll target Popular tokens like $BOO, $SPIRIT, $LQDR and $BEETS.

The second token is Grail which they are calling their share holder token. $Grail cannot be purchased only earned through yield farming. $Grail can be deposited into the dividends tab to earn your share of the protocol fees.

If you don’t want $Grail you can immediately swap 1:1 for $EXC (with a 30% penalty) or hold for a period time until it vests for no penalty. Or you can stake in Dividends immediately to start earning your share of the protocol fees.

Im sure other bonuses will be given periodically for these stakers as well.

Initial emissions of $EXC will be 1EXC/ second, however this will be adjusted at regular intervals to find the best possible price balance.

Another cool dynamic is their bonding mechanisms which will lead to POL (Protocol owned liquidity)

My Strategy is simple:

1)I have been swinging $EXC during this no emissions period looking to maximize my holdings by emissions launch today at 8:00 am MST

2)Right before emissions I will pair with $FTM and deposit into Farm for high APR $Grail emissions
3)I will stake all of these earned $Grail with my end game owning as much % of protocol fees as possible.

4)Rewards from this can either be taken as straight profit or compounded back into $EXC- $FTM farming
5)I will likely compound for first few weeks, followed by profit taking to recoup initial. Then I will let profits ride

Chart:

$EXC Currently consolidating above ATH and ready for the next leg IMO.

$FTM #FANTOM #FTM $GRAIL

app.excalibur.exchange

Discord: discord.gg/cgTeHYWY