Camelot Token GRAIL Price $ 1,091

Camelot is an ecosystem-focused and community-driven DEX built on Arbitrum. Camelot has been built as a highly efficient and customizable protocol, allowing both builders and users to leverage the custom infrastructure for deep, sustainable, and adaptable liquidity. Camelot moves beyond the traditional design of DEXs to focus on offering a tailored approach that prioritises composability. Camelot is based on a dual AMM able to support both volatile (UniV2) and stable (Curve-like) swaps.

A key feature for Camelot is the introduction of a brand new liquidity approach based on non-fungible staked positions. These yield-bearing positions act as an additional layer on top of the usual LP tokens, adding new features that will benefit both users and protocols: 

• The handling of locks on staked positions and their associated yield boosts
• Significantly improving capital efficiency through the introduction of various custom staking strategies
• A unique re-usability, whether it's through Camelot own protocol with for instance Nitro Pools, or through the unlimited potential of external implementations.

GRAIL is Camelot's native token. It can be earned as yield rewards on incentivized staking positions.