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 GRAIL trading pairs on Bitget!
Spot market
Camelot Token (GRAIL) Resources
Simple 3-step guide to buying GRAIL today in Switzerland
Create your free Bitget account
Select a funding method
Complete your Camelot Token purchase
Step 1: Create a free account on the Bitget website or the app
Step 2: Place an order for Camelot Token using a payment method of your choice:
Buy Camelot Token with a debit/credit card
For Visa or Mastercard, select Credit/Debit card, then click Add New Card under the "Buy" tab
Credit/Debit in the Buy Crypto tab of the Bitget app
Credit/Debit in the Buy Crypto tab of the Bitget websiteSelect your preferred fiat currency, enter the amount you wish to spend, link your credit card, and then complete your payment with zero fees.
Add a new card to complete your payment on the Bitget app
Enter your bank card details to complete your payment on the Bitget websiteFor Diners Club/Discover card, click Buy Crypto > [Third Party] in the top navigation bar to place your Camelot Token order.
How to buy crypto with credit/debit cardBuy Camelot Token with Google Pay or Apple Pay
Converting your Google Pay and Apple Pay balance into Camelot Token is easy and secure on Bitget. Simply click Buy Crypto > [Third Party] in the top navigation bar to place your Camelot Token order.How to buy crypto via third-party gatewayBuy with bank transfer
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You can Deposit fiat funds using SEPA to top up your Bitget fiat balance. Then click Buy Crypto > [Cash conversion] in the top navigation bar to place your Camelot Token order.P2P trading
With Bitget P2P, you can buy crypto using over 100 payment methods, including bank transfers, cash, and e-wallets like Payeer, Zelle, Perfect Money, Advcash, and Wise. Simply place an order, pay the seller, and receive your crypto. Enjoy secure transactions with escrow protection.How to buy crypto on Bitget P2P
Step 3: Monitor Camelot Token in your Bitget spot wallet
Bitget—where the world trades Camelot Token
How to buy Camelot Token for free
- Learn how to earn Camelot Token for free through the Learn2Earn promotion
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- Receive free Camelot Token airdrops by joining On-going challenges and promotions
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