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What can you do with Camelot Token?
Store/Hold Camelot Token
Many users hold on to their Camelot Token with the expectation of it increasing in value. You can store your GRAIL safely on your Bitget account or on our crypto wallet app BG Wallet, the most user-friendly and secure mobile wallet.
Trade Camelot Token
You can trade Camelot Token for 150+ cryptocurrencies on Bitget’s industry-leading, fast, and secure trading platform. Bitget offers many trading pairs for Camelot Token trading to meet your needs.
Send Camelot Token
Yes, Bitget allows you to easily transfer value around the world, fast. You can buy Camelot Token online and send to anyone and anywhere with their Camelot Token address.
Spend Camelot Token
You can also buy goods and services with your Camelot Token. More and more vendors and retailers accept Camelot Token every day.
Donate Camelot Token
Bitget Charity accepts Camelot Token donations for global projects that aim to improve the lives of people in the bottom billion. You can donate Camelot Token so no one misses out on the growth made possible by blockchain.
Learn More About Camelot Token
You can read more in-depth articles on Camelot Token from Bitget Research and study how cryptocurrencies like Camelot Token work on Bitget Academy
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What is Camelot Token (GRAIL)?
Camelot is a decentralized and community-driven DeFi ecosystem on Arbitrum. The goal of Camelot is to create a supportive and sustainable environment on Arbitrum for decentralized applications to run and grow. Their products are innovative and feature-rich.
The Camelot protocol has two native tokens, Camelot Token (GRAIL) and Camelot Escrowed Token (xGRAIL). The former can be received as yield rewards from staked positions or spNFT; the latter is a non-transferable escrowed governance token that users can only get through GRAIL conversion or staked positions.
The project was launched towards the end of 2022.
How Camelot Token (GRAIL) Works
The current Camelot ecosystem consists of:
- AMM, the core of Camelot that uses two cutting-edge technologies known as dual- liquidity and dynamic directional fees. The former divides liquidity pairs into two types and applies a different formula for each to ensure better swapping rates, while the latter allows configuration of swap fees based on the pair and whether it is a buying or selling transaction.
- Staked position is a new approach of staking and yield farming, in which users provide liquidity in exchange for spNFT (staked position NFT) as a type of deposit credit. SpNFTs introduce various novel ways to earn yields, which are split into GRAIL and xGRAIL tokens.
- Nitro Pools are where any spNFTs can be staked to generate extra rewards.
- xGRAIL plugins are smart contracts that allow users to make additional income from xGRAIL.
- DAO is the place where xGRAIL holders take part in deciding the operation and future of Camelot.
How Many Camelot (GRAIL) Tokens Are in Circulation?
GRAIL's total supply: 73,506
GRAIL's circulating supply: 11,775.86
How to Buy Camelot Token (GRAIL)
Consider investing in Camelot (GRAIL)? It only takes 2 minutes to create an account on Bitget and start trading GRAIL.
Check out the available GRAI L trading pairs on Bitget!
Spot market
Camelot Token (GRAIL) Resources
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