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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)?
​The minimum vesting duration is 15 days (50% GRAIL output), and the maximum duration is 180 days (100% GRAIL output). As your xGRAIL vests, 50% of the amount is automatically staked in dividends, earning you rewards during the vesting period​
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​
Liquidity and Yield farming
spNFT
Last modified 3mo ago