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xGRAIL is a non-transferable escrowed governance token, corresponding to staked GRAIL. It can be earned from yield-generating staking positions (spNFTs), or through direct GRAIL conversion.
The central use case for xGRAIL is the ability to allocate it to Plugins. The operation consists of staking xGRAIL into the token contract and assign the deposited amount to a plugin in exchange for various benefits.