> For the complete documentation index, see [llms.txt](https://3six9innovatio.gitbook.io/documentation/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://3six9innovatio.gitbook.io/documentation/3six9-products/the-3xcalibur-ecosystem/what-is-3xcalibur/our-product-value-propositions.md).

# Our Product Value Propositions

1. Optimized AMM design to facilitate swapping of both correlated and uncorrelated assets.
   * Stable pools.
   * Variable pools.<br>
2. Permissionlessly create new swap pools.<br>
3. Vote to direct emissions to desired swap & credit pools and receive a cut of protocol fee revenue.<br>
4. Bribes for both swap and credit pools.<br>
5. Model designed for incentivizing platform fees rather than passive liquidity.<br>
6. Borrowing and Lending AMM.<br>
7. Oracleless, functions without the need for pricing oracles.<br>
8. MEV Opportunities - AMM model creates arbitrage opportunities both for swap pools (asset price divergence) and arbitrage for credit pools (interest and collateral imbalances).<br>
9. No Liquidations. Users only have to pay back outstanding debt before the maturity of lending pool.<br>
10. Permissionless, fixed maturity borrowing, and lending, allow any user to create a pool for borrowing or lending (ERC20).<br>
11. Use 3xcaliCredit for leverage in our swap:
    * E.g build leveraged short position by borrowing and then immediately selling an asset using 3xcaliSwap.<br>
12. Earn yield in both swap and credit pools.<br>
13. Vote Escrow locking of XCAL to earn platform fees.
