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Glossary
A re-work of "DeFi". The concept of allowing individuals to access and control their finances apart from centralized businesses and entities, and for more than just banking.
A smart contract that uses a math formula to calculate trade/swap prices between tokens instead of a counterparty's price through a centralized order book.
Users who fund liquidity pools on an exchange in return for rewards or fees.
Token assets deposited to decentralized exchange used to facilitate trades between pairs.
The specific two token pair of tokens that compose a liquidity pool.
Tokens that are minted as a reward for being a Liquidity Provider.
Tokens given out by users as reward for voting for specific liquidity pools.
A control on a pool that sets the emission of XCAL on a pool, adjusted by the proportion of votes by veNFT holders.
The timespan where votes are counted for calculating emissions, fees, and rewards.
The concept where tokens can be locked (or "escrowed") and in return gain rewards.
A transferable record of a locked amount of XCAL and the period after which those tokens will unlock.
The emissions token native to 3xcalibur.
The portion of a veNFT used to direct emissions to a liquidity pool.
The return (for lenders) or cost (for borrowers) of a financial product calculated over the course of a year.
The fees accrued by the protocol
The fees accrued and distributed to vote lockers
Last modified 9mo ago