βFAQ
BEGINNERS
How do I connect my wallet to Fantom and Excalibur Exchange? Please follow our beginnerβs guide
I do not have assets on Fantom but on other blockchains, how can I invest in EXC? The only way to invest in EXC or to stake on Excalibur Exchange is to bridge your funds from the other blockchain (Polygon, BSC, Avalancheβ¦) to Fantom. Please click here to read how to bridge funds.
EXC
How do I get EXC? To get EXC you can farm non-EXC farms (ie FTM/USDC). You can also buy EXC.
What is the EXC and GRAIL hard cap? EXC and GRAIL are inflationary tokens, so there is no hard cap, but we have planned mechanisms to regularly burn tokens (swap from GRAIL to EXC, reserve bond contracts, EXC collected from the swap fees into the FeeManager are automatically burnedβ¦).
GRAIL
How can I earn GRAIL? The only way to get GRAIL most of the time will be through staking into native EXC farms. However, on certain occasions, a limited number of GRAILs may be obtained through bonding.
Can I sell my GRAIL? You canβt sell GRAIL directly but you can swap it to EXC, please read more here
What is the value of one GRAIL? The GRAIL value is directly correlated to the EXC value. One GRAIL equals one EXC.
Can I farm with GRAIL? Not currently. To start earning from your GRAIL holdings, you only have to keep them into your wallet, and regularly claim your dividend rewards on the dapp.
DIVIDENDS
How are dividends distributed? Each day, 5% of the total amount of accumulated dividends is distributed. Each GRAIL holder will receive a share of the dividends in proportion to the GRAILs he owns. Will the cycles always be 24 hours long? Yes. Will the cycles always distribute 5% of the total accumulated tokens? No, the percentage can evolve. Decisions will be taken by governance.
Do I earn dividends by holding EXC? No, dividends are only distributed to GRAIL holders.
In which crypto currency the dividends are distributed? Mainly in stable coins. This may change on various occasion, for instance during some incentive events.
LOCKED DEPOSITS
Why should I lock my deposit? You are free to lock your deposits or not. By locking your deposits you will get bonus rewards according to the duration of the lock (between 1.67% and 50% depending on whether you lock for 1 or 30 days).
What is the best strategy? Itβs up to you, we have provided two lock slots that allow you to adopt several strategies.
If I have a locked deposit, are my rewards locked too? Your regular rewards are not locked, you can harvest them whenever you want. Only your bonus rewards are locked for the same duration of your deposit. So you can harvest them at the end of the locked deposit OR if you choose to relock your deposit before the end.
When will I be able to withdraw my deposit? If it's a regular deposit you can withdraw it whenever you want. If it's a locked deposit it will depend on how much time is left but it can't be more than 30 days. Can I renew my locked deposit whenever I want? Yes, the only constraint is that you must renew it for at least the same duration.
Where do the bonus rewards of lock deposits come from ? The time locked LP deposit is simply treated as a larger deposit for calculating your fair share of the available rewards for that pool. For instance, if you deposit $1000 into the USDC/FTM pool during 30 days, your loyalty and commitment will be treated like a $1500 deposit.
SECURITY
Are your contracts audited? Yes, we have a Paladin audit: https://excaliburexchange.gitbook.io/excalibur-exchange/references/auditsβ
What is the purpose of the SAFU funds? Insurance funds to use if the team needs to make some compensation. Can also be used as a guarantee for beta features restricted to a limited supply.
How can I report a bug? You can ask for an admin on TG or write us directly on bug@excalibur.exchange. For the discovery of important bugs, we have set up a bug bounty.
GOVERNANCE
How many GRAIL minimum do I need to participate in the governance votes? From one GRAIL in your wallet you can vote, but the more GRAIL you have the more impact your vote will have.
What kind of decisions will be made by the governance? The most important strategic decisions will be made by the governance (such as the evolution of the emission rate). The votes will also concern the DAO treasury and the SAFU funds.
REFERRAL SYSTEM
What kind of projects can apply to become a partner and benefit from the referral system? Many different actors are eligible to become our partners: dexes aggregators, yield aggregators, projects which use our AMM⦠Each project acting as a referrer and making its users swap on our DEX will automatically receive a share of those referred trading fees.
MISCELLANEOUS
How much do I receive in fees for providing liquidity on Excalibur Exchange? The default swap fee is 0.15%, but it can be freely set between 0.01%-0.2%. At least 50% of these fees are automatically allocated to liquidity providers.
Where can I view the roadmap? Please check our roadmap here: https://excaliburexchange.gitbook.io/excalibur-exchange/roadmapβ
Will I mint EXC at any swap made on Excalibur Exchange? Up to 100% of the transaction fees will be returned to you when you will swap on Excalibur Exchange. However, this only concerns whitelisted pairs, and the % value will evolve over time. Before you validate your swap, you will be able to check how much of your swap fees will be paid back to you.
What would be the source of income for the swap services provided? The swap fees are still distributed among LPs and the other ecosystem participants. The paid back fees you get from trans fee mining are freshly minted $EXC of an equivalent value. Please read this section if you want to know more about the fees allocation.
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