Sir Nils (πŸ’™,🧑) Profile picture
Feb 19, 2023 β€’ 15 tweets β€’ 11 min read β€’ Read on X
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
πŸ‘‰ team is from former $EXC on #Fantom, relauched $GRAIL on #Arbiturm
πŸ‘‰ $EXC is a yield farming token, which lauched March 2022
πŸ‘‰ team is anon, but may doxxed to some key partners
πŸ‘‰ $GRAIL lauchend in Dec. 22 at sale price: 254u
πŸ‘‰ since then team none stop work
2/13 Fundamental - what they want to be/how
β†’ an ecosystem-focused and community-driven DEX built on #Arbitrum
β†’ feature-rich AMM, with Nitro pools and spNFTs for more LP convice
β†’ genisis pool boost with more than 8M TVL, locked for 6 months
β†’ unique tokennomics with xGrail
3/13 Fundamental - key partners 1
πŸ‘‰ The more the merrier
πŸ‘‰ parnters after one month:
$GMX, $BFR, $GMD, $JONES, $SPA, $UMAMI, $TROVE
πŸ‘‰ more on the way:
$Pendle, $LYRA, $VELA, $BTRFLY, $RELAY, $PRY, $FCTR and more...
4/13 Fundamental - key partners 2
β†’ so many big players on #Arbitrum are joined $GRAIL roundtable
β†’ long term players from other chains come to $GRAIL
β†’ new projects on #Arbitrum want $GRAIL
β†’ 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:
πŸ‘‰ TVL: from 20M to 63.37M
πŸ‘‰ trading volume: average 20M daily
πŸ‘‰ burned $GRAIL: 809, worths 2M at price of 2K4
πŸ‘‰ 5 projects are doing or will do sale and add LP
πŸ‘‰ price itself did x10-x15
πŸ‘‰ in total: works great!
6/13 token distribution
β†’ max. 100K
β†’ public sale: 15K, 10K in $GRAIL, 5K in XGRAIL
β†’ today: 11K in $GRAIL, 15K in XGRAIL, 809 burned
β†’ MC: 25M
β†’ almost 3 month, $GRAIL only increased 1K, very health, less sell presure
β†’ long term after 18 months, still only 40% $GRAIL
7/13 Why price now down?
πŸ‘‰ $GRAIL price did x10- x15 for early buyers in 2 weeks, so profit taking
πŸ‘‰ more XGRAIL becomes $GRAIL, more sell pressure
πŸ‘‰ bonds will be offered for discount $GRAIL and XGRAIL, sell pressure short term increased
8/13 Can price up again?
β†’ don't know how long it will take, but yes, it will up again
reasons:
β†’ #Arbitrum geting attentions after $GMX, $MAGIC, $GNS #Binance launch
β†’ $GRAIL has strong partners, Trading volume/TVL is guaranteed
β†’ more new projects adding LP
9/13 Can price go up again long term? 2
β†’ exterm healthy token distribution
β†’ hard working team
β†’ nice community with a lot community AMAs
β†’ potential to become the native #Arbitrum AMM
β†’ circulating MC: 25M, still low
β†’ for me: It's very possible x2 in short or long term
10/13 Things they could improve
πŸ‘‰ mobile friendly: page loading exterm slow
πŸ‘‰ swap, token fetching takes still a lot of time, both on PC and mobile
πŸ‘‰ more convinces for any new projects to add LP instead sushi, uniswap
πŸ‘‰ simple steps for creating/adding nitro pool
11/13 my entry strategy:
β†’ $BTC is at key level, so it will have big volatility
β†’ $GRAIL actual is in down trend and doing correction after big pump
β†’ but fundamentals still strong
β†’ so waiting to see where the solid bottom will be built.
β†’ best entry will be around 1k6- 1k7
12/13 my entry strategy 2:
β†’ but I will keep watching how $BTC goes and where is the solid bottom
β†’ after bottom built and break the down trend, I'll buy 10% bag
β†’ I'll also use part of funds to add LP for long term
β†’ 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!

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More from @SirNilsGems

Feb 17, 2023
GM Guys! want to share a thread about a project, where we don't talk about money, but more about fun and history. So if you don't care about the money, then read it through, otherwise just skip it! NFA as aways! especially this one is a shitposting

🧡 $psocks @PartySocksToken🧦 Image
1/8 some fun stuffs
πŸ‘‰im not even holding my psocks,
IM WEARING M!!
πŸ‘‰bro,you can wear them for 7 days
never a smell
πŸ‘‰Do you know the original creator
I don’t even know myself half the time
2/8 now some histroy
πŸ‘‰@AscendProtocol come cross $psocks on arbi
πŸ‘‰he falls in love with it, bc it created nearly right at the beginning of #Arbitrum launch.
πŸ‘‰now can you imagine what happend if a man falls in love:
he goes crazy... Image
Read 10 tweets

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