GRAIL and xGRAIL plugins

How can I obtain GRAIL?

circle-info

GRAIL can be purchased through the exchange tab or earned through farming

What is the process for obtaining xGRAIL?

circle-info

GRAIL can be converted to xGRAIL at a 1:1 ratio under the xGRAIL tab. Additionally, xGRAIL can be earned from incentivized farms

What is the value of xGRAIL?

circle-info

GRAIL is illiquid, and its value is directly correlated to the GRAIL value. One xGRAIL equals one GRAIL

Does GRAIL have a capped supply?

circle-info

Yes, GRAIL will reach its hard cap somewhere around 2027. Deflationary mechanisms have also been implemented to reduce the total supply

Does xGRAIL have a capped supply?

circle-info

xGRAIL is an essentially wrapped GRAIL and does not have its own maximum supply. The number of xGRAILs in circulation is equal to the number of GRAIL

Can I swap xGRAIL for any other token?

circle-info

xGRAIL is not transferable. You can only redeem it to GRAIL

How long does it take for xGRAIL to redeem (vest)?

xGRAIL plugins

How can I utilize the xGRAIL tab?

  • Convert GRAIL to xGRAIL

  • Redeem xGRAIL to GRAIL through vesting

  • Allocate xGRAIL to real yield staking plugin to earn rewards

  • Allocate xGRAIL through yield booster to boost your positions APR

What are the benefits of yield booster, and how does it work?

circle-info

The yield booster allows boosting emissions APR by allocating xGRAIL to an LP. The boost in xGRAIL allocation depends on the number of users allocating to a particular asset

How are real yield staking rewards distributed?

circle-info

A portion of the transaction fees is distributed as xgrail staking rewards every week. Rewards are distributed continuously meaning that you can harvest pending rewards at any point

Does the real yield staking epoch (cycle) always consist of 7 days?

circle-info

Yes, the epoch always lasts for 7 days

Last updated