Introducing the Galactic Quest for Grail: Camelot's Expansion into Orbit 🏆

In just over a year, Camelot has established itself as the native DEX supporting @arbitrum builders.

Now, it aims to expand its reach & become the liquidity infrastructure for Orbit chains 🛰️

👇🧵/1 Orbit chains are an innovative approach to permissionlessly launch a Layer 2 or Layer 3, leveraging the Arbitrum Nitro tech stack.

This approach will allow Arbitrum to scale and offer infinite flexibility for builders who want a bespoke & configurable chain. /2

We're excited to announce that @Penpiexyz_io is the next sale on Camelot ⚔️

Penpie focuses on locking $PENDLE tokens to obtain governance rights & enhanced yield benefits within @pendle_fi.

The sale for $PNP will be in early June with a hard cap of $600k raised at $3m FDV 🧵/1

https://twitter.com/Penpiexyz_io/status/1658891010573836300

@Penpiexyz_io @pendle_fi Pendle consistently develops innovative products, & we were thrilled to be the inaugural partner for their 三 pools - enabling users to trade the yield of Camelot LPs.

Therefore, hosting the $PNP sale will additionally support Pendle's broader expansion & growth on Arbiturm. /2

We're excited to announce that @harvest_finance is joining the Round Table ⚔️

Harvest, one of DeFi's OG protocols, just launched its latest 3rd gen update, & we're proud to support their expansion on Arbitrum.

$iFARM liquidity is now seeded, with farms going live tomorrow 👇🧵 @harvest_finance With the launch of its fully revamped app, Harvest allows users to get started with yield farming with any token in their wallet.

Doubling down on transparency, a wider choice of farming opportunities, & friendly UX, Harvest positions itself as the home for yield farming. /2

This Thursday the sale for @PerpyFinance's $PRY token will begin!

The sale has a $5m cap at a fixed-price of $20m FDV, and the first 24 hrs will be exclusively for whitelisted users, including xGRAIL holders allocated to the Launchpad plugin.

Let's look at the details 🧵 Each project that launches on Camelot is able to tailor their sale to what is the best fit for them, and Perpy has chosen a capped fixed-price model that starts with a 24 hr whitelist period.

On Thursday 16th Mar at 2pm UTC, the sale for $PRY will go live on Camelot. /2

Camelot provides @Arbitrum builders with novel infrastructure, and our launchpad plays a crucial role in achieving sustainable & decentralized liquidity ⚔️

We're excited to announce that the launchpad will now drive real value and exclusive perks directly to $xGRAIL holders 🧵 Through custom-built features such as Nitro pools, directional fees & spNFTs, we strive to avoid the mercenary capital issue that most DEXs face.

While our launchpad is only a part of our offering, it will reinforce protocols by helping them to achieve a decentralized launch. /2

We're excited to announce @thalesmarket is joining the Round Table ⚔️

Thales is an Ethereum protocol that allows the participation in novel on-chain, permissionless, & non-custodial Positional Markets.

$THALES farms go live on Camelot at 6pm UTC today 🧵
link.medium.com/eEduItQBOxb We're honoured to welcome Thales to the Round Table, and we're excited to build sustainable & long-term liquidity for $THALES.

After a successful governance vote, Thales will seed the initial THALES/ETH pool on Camelot, as well as match incentives through a Nitro pool. /2

With the launch of several new pools last week, we are seeing volume, TVL, & fees continue to grow exponentially ⚔️

In turn, this value is then captured to holders through xGRAIL dividends as well as buy-back and burns.

Let's take a look at some numbers 🧵 In the past 7 days, we surpassed $218m traded volume, averaging out at $31m per day.

This is a significant increase from previous weeks, with the recent launches of $TROVE, $FCTR, $VOLTA, $DSQ being significant catalysts. /2

As many of you already know, we've decided to cancel the launch of OnChainTrade on our Launchpad

We respect that every project should bring its protocol to users and the market in the manner that best suits them, but the false allegations made by OCT have forced us to respond 🧵 To clarify a few points:

1) The sale model was never mentioned as being an issue from their team, and can be freely adjusted on-demand by any project asking for it (hardcap, cap/wallet etc…).

Camelot is here to help protocols grow together on Arbitrum /2

We are excited to announce @pendle_fi is joining the Round Table ⚔️

Pendle enables the permissionless tokenization and trading of yield.

The first $PENDLE liquidity on @arbitrum is now seeded, with farms going live tomorrow 🧵
link.medium.com/Bh0ouXZeoxb We're honoured to welcome Pendle to the Round Table, and we're excited to build sustainable & long-term liquidity for $PENDLE.

Pendle has been building on Ethereum for over a year, & we're excited to announce their expansion to Arbitrum and welcome them into the ecosystem. /2

After launching one month ago, we're proud to have set the initial foundations for Camelot to become the @arbitrum native DEX.

The Round Table was founded with our core partners, & we're excited to already be supporting native builders.

Let's recap & also look ahead to 2023 🧵 Before launching, we announced the formation of the Round Table with our Genesis partners: @GMX_IO, @DAOJonesOptions, @UmamiFinance, @Buffer_Finance, @SperaxUSD, @GMDprotocol, @nitrocartel

Our genesis pools allowed us to bootstrap $15m TVL before even having a token live! /2

We're excited to announce @HallsofOlympia is joining the Camelot Round Table⚔️

HOO is building an immersive gaming & social experience on @Arbitrum, set in Mount Olympus.

Once the $AMBR token is live in the coming months, it will first list on Camelot 🧵
link.medium.com/vZNUOBPRCvb Camelot is a custom-built DEX that is designed to support native Arbitrum builders with novel infrastructure.

By forming a long-term partnership with HOO, we will offer bespoke support for their in-game liquidity requirements, as well as their native token! 2/6

We're proud to announce that our sale has ended and we've raised $3.8M!

The final price for $GRAIL is $254, with a circulating mcap of $5.7M.

We thank the entire @arbitrum ecosystem for their support, now let's quickly dive into what happens next for Camelot 👇🧵 GRAIL liquidity will be seeded Tuesday at 5 pm UTC, at the final sale price of $254. Within the following 12 hours, our farms & Nitro pools will open for deposits

Users who participated in the public sale will be able to claim their tokens when liquidity goes live. 2/5

After less than 24 hrs we've already raised almost $1m ⚔️

Camelot is designed to be community-driven, and to achieve it, the initial distribution is the biggest factor.

We're proud to launch $GRAIL through our custom fair launch sale - now let's dig into the current numbers 🧵 Firstly, we've seen over 900 total contributions from over 800 unique addresses!

The average contribution is $1027, proving that the fair launch model is effective in ensuring that both small & large users feel comfortable with participating.

The Camelot public sale will go live at 5pm UTC today.

We are using a price discovery-based sale that will allow the @Arbitrum community to have a fair, equal, and transparent opportunity to be the first holders of $GRAIL

Are you worthy? Details below 🧵
app.camelot.exchange/sale The sale will last for 6 days, starting Tuesday 29th Nov @ 5pm UTC, and ending 5th Dec.

The sale will start with a floor price of $2m FDV, and ALL users will receive the same price at the end. The final price = (Total $ raised / 15,000 GRAIL). /2

We are excited to confirm the dates for our upcoming launch ⚔️

Our genesis farms will go live on the 22nd Nov and last until the 2nd Dec, followed by the public sale starting on the 29th and lasting until the 5th Dec.

All details in our latest medium 👇
link.medium.com/sjZu8ehKYub Genesis farms will be an effective way to bootstrap liquidity on Camelot whilst allowing users to have an early opportunity to earn attractive yields before the $GRAIL token is liquid.

Genesis rewards will be ADDITIONAL to the liquidity mining incentives going live after launch

Dear fellow knights,

Over the past few days, we've showcased some of our most exciting features for our V2, and we'll now wrap up with a final thread giving an overview of a very important part of our tokenomics, through the prism of our two tokens: $GRAIL and $xGRAIL $GRAIL is Excalibur’s native emission token, and is a regular liquid ERC20 with a fixed maximum supply that will be reached in 4 years.

$xGRAIL, its counterpart, is a non-transferable escrowed governance token that can only be obtained through $GRAIL conversion.

We are introducing a highly innovative approach to liquidity on @arbitrum, creating a new layer of composability based on non-fungible staked positions, called spNFTs

In this 2nd thread of our series, we'll break down how our spNFTs create endless possibilities for LPing ⚔️🧵 First, let's start with some context.

Farming emissions and allocations have often been the rupture point for many projects, and finding the right balance between a satisfying yield for liquidity providers and holders dilution is no easy task.

Fellow knights of Camelot,

After revealing an overview of our v2 DEX, we'll now dive deeper into each of our features.

The first thread in our series will explain our AMM, detailing the custom implementation we've worked on to make it a foundational part of the protocol ⚔️🧵 Our v2 AMM is an essential piece of our ecosystem-oriented approach, and is designed with key principles in mind:

- A high level of flexibility and customization
- An optimized trading efficiency for users
- Providing support to protocols' growth by adapting to their needs

Fellow knights,

After a long wait, the time has finally come to unveil the new version of Excalibur that will soon launch on @arbitrum

Throughout this week, we will be sharing threads that explain all of our innovative features in detail.

Are you ready to join the quest? ⚔️🧵 In this first thread, we’ll share our main vision for Excalibur, the issues we're trying to solve from building a DEX from the ground up, and a complete overview of its features.

Thereafter, the next threads will each dive deeper into specific parts of the protocol.

We are excited to announce that Excalibur V2 will be launching on @arbitrum ⚔️

After spending the past year building, we aim to establish Excalibur as the leading native ecosystem #DEX

How will $EXC bring value to a community of builders and #realyield users? 🧵⬇️ Excalibur is an innovative & highly flexible DEX built to be ecosystem-focused and community driven.

Users can access attractive yields that they can manage through custom LP strategies, and protocols can leverage permissionless features to create deep & adaptable liquidity.

Our successful launch has been a great step forward, but we’re aware that the path to success in DeFi is a marathon rather than a sprint, built over time on consistency and rigor

Here's why we firmly believe Excalibur has what it takes to become a dominant DEX on Fantom ⬇️

1/10 $EXC is our main utility token, while $GRAIL is a shareholding governance token obtainable from native pairs staking only

$GRAIL rewards you in dividends shares directly coming from protocol fees

In 10 days, $220k+ have already been distributed, and $500k+ are in queue

2/10