Thread by @ExcaliburDeFi

We are excited to announce that Excalibur V2 will be launching on @arbitrum ⚔️

After spending the past year building, we aim to establish Excalibur as the leading native ecosystem #DEX

How will $EXC bring value to a community of builders and #realyield users? 🧵⬇️

Excalibur is an innovative & highly flexible DEX built to be ecosystem-focused and community driven.

Users can access attractive yields that they can manage through custom LP strategies, and protocols can leverage permissionless features to create deep & adaptable liquidity.

Arbitrum has seen consistent TVL & user growth, creating an environment where builders such as @GMX_IO, @dopex_io, and @PremiaFinance have flourished.

Excalibur is built to be ecosystem-focused, & we believe Arbitrum is the most innovative ecosystem to support for the long term

Excalibur is not just a fork - we've built custom features such as liquidity positions as NFTs, Univ2 & StableSwap AMMs, a unique soul-bound veToken, dual-incentive pools, and more.

These features allow for high customizability & control, therefore improving capital efficiency.

On the yield side, we are bringing an innovative liquidity farming model based on NFT tech, with two goals in mind:

1. To offer users attractive yield opportunities which they can manage through custom LP strategies with high capital efficiency. Cheap L2 fees make this possible.

2. To provide Arbitrum builders with the ability to form deep liquidity, having control over incentives and management of their protocols liquidity.

Protocols can set additional pool rewards based on varying requirements, allowing them to choose what works best for them.

Now back to Arbitrum.

Those familiar with it will immediately understand why we’re so excited by the tech built by @OffchainLabs: a cutting edge and gas-cost efficient L2 solution that has proved its worth for 1 year by always improving itself, as with this week’s Nitro upgrade.

Aside from the tech, the ecosystem is one of the most promising in terms of developers, builders, and community.

We are building Excalibur to be a long-term sustainable protocol to support the ecosystem, so choosing the chain we launch on is our most significant factor.

For example, the real yield narrative is one that has been hard to apply to a DEX. However, with our suite of custom features, we see Excalibur as a protocol that can find a successful balance between liquidity incentives and value captured.

Builders win, users win, EXC wins.

As it was mentioned before, our audit will start on September 15th and should last ~ until mid-october, with features being revealed in detail over the coming weeks.

We plan on releasing an open beta in ~ one month, so you’ll finally be able to fully discover Excalibur V2!

Like we mentioned before, we’re aiming for a launch during the second half of October, and will give you a final date as soon as we have all of the necessary confirmations!

By then, feel free to drop by our Discord to have a chat with the team:
discord.gg/r9V7rry3nz