↔️┃Token distribution
GRAIL allocation
Genesis
15% to the Public Sale distributed upfront (5% xGRAIL & 10% GRAIL)
10% to Protocol Owned Liquidity (7.5% used for initial liquidity, pre-minted in a multisig)
5% to the Genesis Nitro Pools distributed linearly over 6 months as xGRAIL
GRAIL
22.5% to Liquidity Mining over the next 3 years
20% to the Core Contributors vested linearly over 3 years
10% to Partnerships (6-months cliff and 2 years vesting)
8% to Reserves (pre-minted in a multisig)
5% to Ecosystem
2.5% to the Development Fund vested linearly over 3 years
2% to Advisors vested linearly over 3 years
Except Reserves and the Development fund, all emissions are made with a combination of GRAIL and xGRAIL
GRAIL supply release schedule
The supply will be released over a total of 3 years in both GRAIL (in blue) and xGRAIL (in green). The initial GRAIL and xGRAIL float is 28% and 5%, respectively.
Public sale
The sale will offer 15% of the GRAIL supply with 10% in GRAIL and 5% in xGRAIL. Any unsold tokens will be burned.
The public sale proceeds will be directed in the following proportions:
50% will immediately pair with 7.5% of GRAIL from POL in UNI v2-style liquidity
30% will go towards dividends
20% will go towards the treasury to fund the Core Contributors
Genesis liquidity mining program
From ten days before the public sale starts until its end, Camelot will open deposits for the Genesis Nitro Pools.
Depositors will linearly earn emissions in xGRAIL during the 6 months following the public sale.
Liquidity mining emissions
Camelot will release around 15% of liquidity incentives emissions in GRAIL and 85% in xGRAIL.
The ratio earned will differ by pool and the exact emissions rate will respond to demand but target the rate in the release schedule graph.
Both native and riskier pools will generally earn a higher percentage of GRAIL vs xGRAIL.
Partnerships
The partnership allocation will go towards protocols that integrate with Camelot and ensure long-term alignment within the Arbitrum ecosystem.
All partnerships will vest over a 2 year time horizon in xGRAIL with a 6-months cliff.
Most partners will serve as initial launch partners and have their tokens featured in the Genesis Nitro Pools.
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