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3xcalibur news
About 3xcalibur
XCAL is the 3xcalibur Ecosystem Token. Issued on Arbitrum as a standard ERC-20 token. It can be vote-escrow locked into veXCAL for variable lengths and it serves multiple purposes such as: accruing platform fees and bribes, voting on gauges and being the de-facto governance token.
What is 3xcalibur?
3xcalibur is centered around its ecosystem token, XCAL, which operates within the Arbitrum network as a standard ERC-20 token. This token plays a pivotal role within its ecosystem, offering holders a variety of functionalities and benefits. By locking XCAL into veXCAL for variable periods, users can engage more deeply with the platform's mechanisms. This process not only allows them to accrue platform fees and receive bribes but also grants them voting rights on gauge weights, thereby influencing the direction and development of the ecosystem. Furthermore, XCAL acts as the primary governance token, underscoring its importance in the decision-making processes that shape the future of the 3xcalibur platform. This multifaceted utility underscores the token's integral role in fostering a participatory and incentivized environment for its users.
How is 3xcalibur secured?
3xcalibur employs a multifaceted approach to ensure the security of its ecosystem and the assets of its users. At the core of its security measures is the use of advanced cryptography, which involves the implementation of public and private keys. This cryptographic method ensures that transactions are secure and that the ownership of assets can be unequivocally verified. The private key, which is essential for accessing and transacting with the assets, is encrypted and can be stored securely in a wallet.dat file or safeguarded through key phrases. This method prevents unauthorized access and enhances the overall security of the ecosystem.
In addition to cryptography, 3xcalibur has developed a comprehensive security infrastructure that includes a liquidity marketplace and a Tri-AMM (Automated Market Maker) architecture. These components are designed to provide robustness against market manipulation and to ensure liquidity and stability within the platform. The liquidity marketplace facilitates secure and efficient transactions, while the Tri-AMM architecture enhances the platform's resilience to potential security threats.
3xcalibur also places a strong emphasis on proactive security measures. This includes the implementation of security response plans and procedures that are ready to be enacted in the event of a security breach. These plans ensure that the platform can respond swiftly and effectively to mitigate any potential damage.
Furthermore, 3xcalibur has adopted additional security features such as geofencing and smartphone-based authentication. Geofencing adds an extra layer of security by restricting access based on geographical location, while smartphone-based authentication leverages the security features of modern smartphones to provide a secure and user-friendly method for verifying user identities.
The XCAL token, which is issued on the Arbitrum network as a standard ERC-20 token, plays a central role in the 3xcalibur ecosystem. It not only facilitates transactions and interactions within the platform but also serves as a governance token, allowing holders to participate in decision-making processes. The option to lock XCAL into veXCAL for variable lengths further enhances its utility by enabling users to accrue platform fees and participate in governance with greater influence.
It's important for users to conduct their own research and understand the security features and measures implemented by 3xcalibur to protect their assets and personal information.
How will 3xcalibur be used?
3xcalibur is designed as a multifaceted platform within the cryptocurrency ecosystem, focusing on enhancing liquidity and offering decentralized exchange services. It operates as a liquidity protocol, which is crucial for enabling seamless trading and exchange activities without the need for traditional centralized intermediaries. This approach not only democratizes access to financial services but also enhances security and transparency in transactions.
The platform's utility extends to simulation code development, which could play a significant role in testing and deploying financial models and strategies within the blockchain space. This aspect is particularly relevant for developers and financial analysts looking to explore new algorithms or financial products.
Another innovative application of 3xcalibur is in the deployment of AI-powered chatbots for customer service. These chatbots can provide real-time assistance to users, addressing queries and facilitating a smoother user experience on the platform. This integration of AI technologies underscores the platform's commitment to leveraging cutting-edge technology to enhance user engagement and support.
The ecosystem is powered by the XCAL token, which is issued on the Arbitrum network, adhering to the ERC-20 standard. This token serves multiple purposes within the 3xcalibur ecosystem. For instance, it can be locked into veXCAL for variable lengths, enabling users to accrue platform fees and bribes. This mechanism incentivizes participation and investment in the platform, aligning the interests of users with the platform's growth and success.
Moreover, the XCAL token acts as a governance token, granting holders the right to vote on various proposals and decisions within the ecosystem. This feature fosters a decentralized governance model, where the community plays a pivotal role in shaping the platform's development and direction.
In summary, 3xcalibur is positioned as a comprehensive solution within the cryptocurrency space, offering decentralized exchange services, facilitating liquidity, and incorporating advanced technologies like AI to enhance user experience. The XCAL token is central to its ecosystem, providing utility and governance capabilities to its holders.
What key events have there been for 3xcalibur?
3xcalibur has experienced several significant milestones that have shaped its journey in the cryptocurrency space. Initially, the project embarked on a building phase that included various campaigns and listings, laying the groundwork for its development and visibility in the market. This phase was crucial for establishing 3xcalibur's presence and setting the stage for future growth.
Following the initial building phase, 3xcalibur introduced DubaiCat products. This development was an important step for the project, expanding its ecosystem and offering new utilities to its users. The release of these products likely contributed to enhancing the project's appeal and functionality, attracting more interest from the cryptocurrency community.
Another pivotal event for 3xcalibur was securing a listing on a top centralized exchange (CEX). This achievement not only boosted the project's credibility but also increased its accessibility to a wider audience of investors and users. Listings on prominent exchanges are often seen as a vote of confidence in a project's potential and stability, making this a key milestone in 3xcalibur's development.
It's important to note that while 3xcalibur has been associated with various entities and platforms, such as X-project.org, DubaiCat, and Allbestico, the specific nature of these associations remains unclear. These connections could indicate partnerships, collaborations, or other forms of engagement that have contributed to the project's growth and evolution.
3xcalibur operates on the Arbitrum platform, utilizing the XCAL token. This token plays a central role in the ecosystem, facilitating transactions, governance, and incentive mechanisms. The ability to lock XCAL into veXCAL for variable lengths underscores its utility in governance and platform fee accrual, highlighting the project's innovative approach to engaging its community and ensuring sustainable development.
As with any investment in the cryptocurrency space, it's crucial to conduct thorough research and consider the risks involved. The dynamic and evolving nature of this sector requires a cautious and informed approach to investment decisions.
The live 3xcalibur price today is $0.000475 USD with a 24-hour trading volume of $1.33 USD. We update our XCAL to USD price in real-time. 3xcalibur is down 0.56% in the last 24 hours. The current CoinMarketCap ranking is #8277, with a live market cap of not available. The circulating supply is not available and a max. supply of 27,000,000 XCAL coins.
If you would like to know where to buy 3xcalibur at the current rate, the top cryptocurrency exchange for trading in 3xcalibur stock is currently 3xcalibur. You can find others listed on our crypto exchanges page.