Camelot Presale

Token launch for a new DEX on Arbitrum.

DETAILS

• Presale Details
  • Presale will be held on Camelot website, here and will last for 6 days
  • Dutch auction method – price starts at $20 and increases after the first $300,000 has been raised
  • Everyone will receive tokens at the same price, decided at the end of the auction
  • Swap currency: USDC
  • Starting price: $20
  • Starting market cap (fully diluted): $2,000,000
  • Token allocation: 15,000 (10% in GRAIL and 5% in xGRAIL – ratio of 2/3 GRAIL and 1/3 xGRAIL allocation
  • No soft cap or hard cap
  • No minimum or maximum buy
  • Vesting: 100% at TGE
  • Any unsold tokens will be burned
  • Holders of V1 token (lEXC) will be eligible for a 10% discount
  • User can share a referral link and claim after the launch 3% of all referred user’s auction deposits
  • Presale funds allocation;
    • 50% paired with 7.5% of GRAIL from POL for liquidity
    • 30% to xGRAIL dividends
    • 20% to team
  • Taxes: 0%
  • Token is scheduled to launch 24 hours after presale ends (Dec 6)

• 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)