GRAIL and xGRAIL plugins

How can I obtain GRAIL?

GRAIL can be purchased through the exchange tab or earned through farming after creating an spNFT position

What is the process for obtaining xGRAIL?

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

What is the value of xGRAIL?

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

Does GRAIL have a capped supply?

Yes, GRAIL will reach its hard cap somewhere around 2026. Deflationary mechanisms have also been implemented to reduce the total supply

Does xGRAIL have a capped supply?

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?

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 dividends to earn rewards

  • Allocate xGRAIL through yield booster to boost your positions' APR

  • Allocate xGRAIL to the launchpad plugin to get exposed to launchpad-related benefits

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

The yield booster allows boosting emissions APR% by allocating xGRAIL to a specific spNFT position. The boost in xGRAIL allocation depends on the number of users allocating to a particular asset. Note that a higher number of users allocating xGRAIL to a position will result in a lower APR, as the boost is shared among users

How are dividends distributed?

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

Does the dividends epoch (cycle) always consist of 7 days?

Yes, the epoch always lasts for 7 days

What is the Launchpad plugin?

For detailed information on the launchpad plugin and its functionality, please follow the provided link

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