Set deposit fees to 0% & emission allocation enhancement

This proposal’s main goal is to reinforce Excalibur's ability to attract more trading volume, and more generally to expand its ecosystem, with the obvious purpose of creating a more sustainable ground for the future of the protocol.

Set deposit fees to 0% for all farms

As it was always stated by the team, the natural direction for a DEX is of course to lower any barrier that could potentially hinder fresh deposits.

Deeper liquidity is an absolute key factor to attract more traffic, and while the deposit fees helped us build a solid foundation for our dividends treasury, we feel like this strategy has now fulfilled its role.

We have currently built almost 50M liquidity on our AMM, and start being integrated on swap aggregators, so our primary focus should now consequently shift to improving our swapping performance.

This move will help us to maximize our ability to further build liquidity on our pools, and that will also pass through our integration to yield aggregators or similar projects that may have been held back by the fees until now.

Adjust the emission allocations

Following the previous adjustment, with the same objective in mind, and now with some fresh data to reinforce our reflexion, we propose to make the following revisions to our current emission allocation:

The changes made here will provide two main improvements:

• Putting a higher focus on highly tradable pair, UST/FTM and USDC/FTM in particular, which are the most likely to generate more traffic,
• Lowering the allocated rewards for the less effective ones in terms of trading volume, respectively BTC/ETH, DAI/USDC and fUSDT/USDC