Launchpad plugin
The xGRAIL Launchpad plugin allows users to take advantage of the benefits offered by projects launching on the Camelot Launchpad. These benefits may include whitelist spots, discounts, airdrops, and other bonuses. Precise details regarding the specifics of upcoming benefits will be provided before each sale on the launchpad plugin app
Holding xGRAIL won't expose you to benefits; you have to allocate it to the launchpad plugin
If you allocate xGRAIL to the plugin, you will be eligible for benefits related to the launchpad until you deallocate
Once you allocate xGRAIL to the Launchpad plugin, a 30-day cooldown timer is triggered which resets every time you allocate more xGRAIL. During this time, you cannot deallocate your xGRAIL
The amount of xGRAIL you allocate determines your share of the benefit, so allocating more results in a more significant share
If the total amount of xGRAIL allocated to the plugin increases, each user's share will decrease proportionally; this process works in both directions
A snapshot for each benefit is taken at dates specified on the launchpad plugin app
Each launch will provide its unique benefit to xGRAIL allocators
The active allocation ratio is determined through a specific calculation method. To illustrate, let's take the example of the WINR sale, although the figures may vary based on the particular sale:
→For the initial 250 xGRAIL allocations, users will receive a whitelist allocation of $4k per xGRAIL →Once the allocation of 250 xGRAILs has been made, the allocation ratio will be determined using a formula similar to that of a fair auction's price discovery: (your allocation / total allocation) * total available white list allocation
This means that as more users allocate, the smaller the proportion of allocation each user will receive. Thus, once 250 xGRAILs have been allocated to the Launchpad plugin; the allocation process will operate in both directions
To calculate the total share of the allocation, here is an example: If the allocation is spread over $1 million, a user has allocated 1 xGRAIL, and a total of 500 xGRAIL has been allocated to the plugin, the user will receive 0.2% of the $1 million allocation
To gain further insight into the functioning of the launchpad, feel free to consult the guide listed below ⬇️
Before you decide to convert GRAIL to xGRAIL, make sure that you realize how the redemption mechanism works
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