Thread by @SirNilsGems

GM Guys!
I feel now is the right time to make a thread about $Grail @CamelotDEX 🧵 This will be my another long term play!
Topics:
1️⃣ team and project history
2️⃣ fundamentals
3️⃣ tokennomics
4️⃣ why price down?
5️⃣ can price up again?
6️⃣ my personal entry strategy
7️⃣ CTs

1/13 history
👉 team is from former $EXC on #Fantom, relauched $GRAIL on #Arbiturm
👉 $EXC is a yield farming token, which lauched March 2022
👉 team is anon, but may doxxed to some key partners
👉 $GRAIL lauchend in Dec. 22 at sale price: 254u
👉 since then team none stop work

2/13 Fundamental - what they want to be/how
→ an ecosystem-focused and community-driven DEX built on #Arbitrum
→ feature-rich AMM, with Nitro pools and spNFTs for more LP convice
→ genisis pool boost with more than 8M TVL, locked for 6 months
→ unique tokennomics with xGrail

3/13 Fundamental - key partners 1
👉 The more the merrier
👉 parnters after one month:
$GMX, $BFR, $GMD, $JONES, $SPA, $UMAMI, $TROVE
👉 more on the way:
$Pendle, $LYRA, $VELA, $BTRFLY, $RELAY, $PRY, $FCTR and more...

4/13 Fundamental - key partners 2
→ so many big players on #Arbitrum are joined $GRAIL roundtable
→ long term players from other chains come to $GRAIL
→ new projects on #Arbitrum want $GRAIL
→ and: they're not only for name, in fact they bring LP and trading volume!

5/13 Fundamental - platform usages
Let's see some data:
👉 TVL: from 20M to 63.37M
👉 trading volume: average 20M daily
👉 burned $GRAIL: 809, worths 2M at price of 2K4
👉 5 projects are doing or will do sale and add LP
👉 price itself did x10-x15
👉 in total: works great!

6/13 token distribution
→ max. 100K
→ public sale: 15K, 10K in $GRAIL, 5K in XGRAIL
→ today: 11K in $GRAIL, 15K in XGRAIL, 809 burned
→ MC: 25M
→ almost 3 month, $GRAIL only increased 1K, very health, less sell presure
→ long term after 18 months, still only 40% $GRAIL

7/13 Why price now down?
👉 $GRAIL price did x10- x15 for early buyers in 2 weeks, so profit taking
👉 more XGRAIL becomes $GRAIL, more sell pressure
👉 bonds will be offered for discount $GRAIL and XGRAIL, sell pressure short term increased

8/13 Can price up again?
→ don't know how long it will take, but yes, it will up again
reasons:
→ #Arbitrum geting attentions after $GMX, $MAGIC, $GNS #Binance launch
→ $GRAIL has strong partners, Trading volume/TVL is guaranteed
→ more new projects adding LP

9/13 Can price go up again long term? 2
→ exterm healthy token distribution
→ hard working team
→ nice community with a lot community AMAs
→ potential to become the native #Arbitrum AMM
→ circulating MC: 25M, still low
→ for me: It's very possible x2 in short or long term

10/13 Things they could improve
👉 mobile friendly: page loading exterm slow
👉 swap, token fetching takes still a lot of time, both on PC and mobile
👉 more convinces for any new projects to add LP instead sushi, uniswap
👉 simple steps for creating/adding nitro pool

11/13 my entry strategy:
→ $BTC is at key level, so it will have big volatility
→ $GRAIL actual is in down trend and doing correction after big pump
→ but fundamentals still strong
→ so waiting to see where the solid bottom will be built.
→ best entry will be around 1k6- 1k7

12/13 my entry strategy 2:
→ but I will keep watching how $BTC goes and where is the solid bottom
→ after bottom built and break the down trend, I'll buy 10% bag
→ I'll also use part of funds to add LP for long term
→ after x2 - x3: take initial and let free bag farm

13/13 CTs who talked about $GRAIL
@0xthade
@LouisCooper_ he talked but missed it :)
@ArbiAlpha
@RiddlerDeFi
@HoldstationW
@21blacky
@FroyoFren
And a lot more...

@0xthade @LouisCooper_ @ArbiAlpha @RiddlerDeFi @HoldstationW @21blacky @FroyoFren if you like my thread and find it's useful somehow, leave a like or rw will encourage me to keep doing free contents further.

very much appreciated!

https://twitter.com/SirNilsGems/status/1627378512956125185?s=20