Camelot DEX
  • 🔎┃Overview
  • 🪐┃Orbital Liquidity Network
    • AlephZero
    • ApeChain
    • Corn
    • Degen
    • DuckChain
    • EDU
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    • Geist
    • Gravity
    • Molten
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  • 📅┃Launch & Genesis
  • 📞┃Contact us
    • Partnership inquiries
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  • Get started
    • ❓┃FAQ's
      • Liquidity and Yield farming
      • GRAIL and xGRAIL plugins
      • Understanding Impermanent Loss
      • V2 Stable Pools Explained
      • Security Measures
    • 📘┃Arbitrum Guide
      • Wallet Creation
      • Wallet Setup for Arbitrum Compatibility
      • Bridging tokens to Arbitrum
      • Adding tokens to the wallet interface
    • 🏫┃Castle Tutorials
      • Step-by-Step Guides
        • Swap tokens
        • V2 Add Liquidity
        • V3/V4 Add Liquidity (concentrated)
          • Auto mode
          • Manual mode
        • Unbind Liquidity
      • Utilize xGRAIL
        • Dashboard
        • Get xGRAIL
        • Redeem xGRAIL
        • Earn Real Yield
      • Providing Liquidity explained
      • Swapping Explained
      • Swapping Tax Tokens
    • ⚒️┃Guidelines for LP Deployment & Incentives
      • Deploying Liquidity on Camelot (Arbitrum and Orbits)
        • V2
        • V3
      • Create a direct swap link (Arbitrum)
      • Distribute incentives
  • PROTOCOL
    • 🌐┃AMM V2
      • Dual-liquidity type
      • Dynamic directional fees
      • Referral
    • 🌐┃AMM V3
    • 🌐┃AMM V4
    • 🎁┃Incentive system
      • Campaign creation
    • 🧑‍🌾┃Liquidity Provision
    • 🏆┃xGRAIL plugins
      • Real Yield Staking
      • Yield Booster
      • Community plugins
    • ⚙️ | Additional Utilities
      • Info dashboard
      • Analytics
  • TOKENOMICS
    • 🪙┃GRAIL Token
    • 🔒┃xGRAIL Token
      • How to use xGRAIL
      • Conversion - Redeeming
    • ⚖️┃Token distribution
    • 🏦┃Protocol earnings
    • 🔥┃Deflationary mechanisms
  • CONTRACTS
    • 🔵┃Arbitrum
      • One (Mainnet)
      • Sepolia (Testnet)
    • 🟠┃Orbit Chains
      • AlephZero
      • ApeChain
      • ApeChain Curtis
      • Corn
      • Degen
      • DuckChain
      • EDU
      • Game7
      • Geist
      • Gravity
      • Molten
      • Proof of Play Apex
      • Rari
      • Reya
      • Sanko
      • Sanko Sepolia
      • Superposition
      • XAI
      • WINR
  • REFERENCES
    • 🛡️┃Audits
    • 📚┃Glossary
    • ✒️┃Multisigs
    • 🎞️┃Media Kit
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On this page
  • GRAIL > xGRAIL conversion
  • xGRAIL > GRAIL redeem
  • Real Yield Staking plugin allocation
  • Cancel redeem
  1. TOKENOMICS
  2. 🔒┃xGRAIL Token

Conversion - Redeeming

PreviousHow to use xGRAILNext⚖️┃Token distribution

Last updated 8 months ago

GRAIL and xGRAIL are mutually convertible into each other, but the process is different depending on the direction.

GRAIL > xGRAIL conversion

GRAIL can be freely converted into xGRAIL at any time. The process is instant, and the ratio is 1:1.

xGRAIL > GRAIL redeem

The redemption process to convert xGRAIL to GRAIL implies vesting, the duration of which is selected by the user. The conversion ratio will increase proportionally with the vesting duration:

  • The minimum vesting duration of 15 days will provide a 1:0.5 ratio

  • The maximum vesting duration of 6 months will provide a 1:1 ratio

If the selected vesting duration is lower than the maximum (ratio < 1:1), the unclaimed excess GRAIL is burned

Real Yield Staking plugin allocation

While being redeemed, the xGRAIL is automatically allocated to the , but only for 50% of its value.

For instance, if a user was to redeem 1000 xGRAIL, he would earn staking rewards as if he actually allocated 500 of them to the real yield staking plugin.

Cancel redeem

Any xGRAIL redeeming process can be freely interrupted at any time by the user.

Any cancelled redeem before its end will void the whole process. User will retrieve its entire amount of redeeming xGRAIL, and no GRAIL.

Get xGRAIL
Redeem xGRAIL
yield staking plugin