Camelot Liquidity & Farms Launch

Token and farm launch for a new DEX on Arbitrum.

DETAILS

• Launch Details
  • Token will launch on native Camelot DEX
  • Token pair: GRAIL/USDC
  • Listing price: $254
  • Presale price: $254
    • Vesting: 100% at TGE
    • Presale held on Camelot website, here
  • Initial market cap (fully diluted): to be determined at the end of the presale
  • Initial liquidity: unknown
  • Taxes: 0%
  • Farms open right after token launch and farm rewards begin on Dec 7

• Mechanics & Features
  • Camelot is a DEX based on a dual AMM able to support both volatile (UniV2) and stable (Curve) swaps
  • Dual token system – native liquid GRAIL and escrowed version xGRAIL; a non-transferable governance token, both being used as farming rewards
  • Features include;
    • Dynamic directional swap fees – ability to set different fees depending on the direction of the swap
    • swap referrals – partner projects can add its referral address and receive a part of their pool’s swap fees
    • NFT staked positions (spNFT) – yield-bearing NFTs which can be staked in yield farms to earn GRAIL, or in fixed-duration Nitro pools to earn xGRAIL
    • Dividends & yield booster – stake xGRAIL and earn a share of protocol earnings; 0.5% unstake fee
    • governance – xGRAIL is the governance token, more xGRAIL held, more voting power
  • Protocol earning (fees) distributed as;
    • 60% for Liquidity Providers in LP tokens
    • 22.5% in dividends redistributed to xGRAIL holders
    • 12.5% for GRAIL buyback and burn
    • 5% to the Core Contributors funds

• Tokenomics
  • Token symbol: GRAIL
  • Token supply: 100,000
    • 15% — Public sale (5% xGRAIL & 10% GRAIL)
    • 10% — Protocol Owned Liquidity (7.5% used for initial liquidity, pre-minted in a multisig)
    • 5% — Genesis Nitro Pools (distributed as xGRAIL – 6 months linearly vesting)
    • 22.5% — Liquidity Mining (3 years linear vesting)
    • 20% — Core Contributors (3 years linear vesting)
    • 10% — Partnerships (6 months cliff, then 2 years vesting)
    • 8% — Reserves (pre-minted in a multisig)
    • 5% — Ecosystem
    • 2.5% — Development Fund (3 years linear vesting)
    • 2% — Advisors (3 years linear vesting)