GRAIL two weeks 5 times, and there are new projects coming online for this Arbitrum DEX dark horse

Following GMX, Arbitrum Eco has ushered in a big hit DEX protocol Camelot. Different from GMX, Camelot puts more emphasis on guiding liquidity for new projects, showing a larger imagination space, and building a fast track for the booming development of Arbitrum ecology. With the rising popularity of the Arbitrum ecosystem, Camelot's native Token is also going high and will Launch several new projects and agreements in the near future. What are some of Camelot's institutional innovations? What are the projects worth paying attention to in the near future? BlockBeats has a brief look at this.

Camelot, Arbitrum's DEX dark horse

Camelot is an ecosystem-centric and community-driven DEX that allows liquidity pool builders and users to leverage its custom infrastructure to achieve deep, sustainable and adaptable custom mobility. Camelot supports the launch of a new agreement on Arbitrum and provides it with the tools to initiate, direct and sustain growth liquidity.

Mechanism introduction

Through Camelot's unlicensed "Nitro Pools," projects have complete control over their incentives and have relatively flexible options to establish the exact type of liquidity they need to grow. In addition, Camelot's custom Launchpad is also unlicensed, allowing projects to issue tokens and channel more liquidity.

Camelot uses a dual AMM model to support both volatility and stability Token pair trading. Volatile trading pairs were composed of uncorrelated assets based on the usual UniV2 model using the standard constant product formula, while stable trading pairs were composed of linked or correlated assets with conversions kept in a 1:1 ratio using the Solidly curve. In addition, the transaction pair on the protocol uses dynamic targeted fees, which set different fees for each pool of funds and can be defined differently depending on the direction of the transaction. This new AMM mechanism enables Camelot to offer more customised and tailor-made pool configurations for specific transaction pairs.

Each project launched on or in partnership with Camelot AMM can assign a specific trading rate to its LP to suit its own strategy. The team also plans to offer direct control over its own Token transaction costs for partnership agreements, with each Camelot LP able to select its own type of service based on the expected price level of its Token transaction pair.

Another Camelot innovation is the introduction of a liquidity approach based on NFT pledge positions, where each Camelot LP can mint pledge positions spNFT by packaging its own LP tokens. This interest-bearing position is an additional layer of value on top of ordinary LP Token. It provides LP Token holders with more new application scenarios in other DeFi protocols besides Camelot, such as lock-in to improve returns, introduction of custom pledge strategy to improve capital efficiency, etc.

Tokenomics

Camelot is based on the GRAIL and xGRAIL dual-coin systems. GRAIL has a total supply of 100,000 pieces, and xGRAIL is a non-transferable governance Token, both of which can be used for DeFi farming. Most of GRAIL's supply is emitted as xGRAIL, giving it a high degree of control over the amount of supply on the market. Revenue from the deal will come primarily from transaction fees, which will be redistributed to xGRAIL holders in the form of actual revenue.

Camelot's upcoming Fair Launch

Nitro Cartel (February 17-20)

Nitro is the community governance protocol on Arbitrum, dedicated to guiding TVL growth throughout the Arbitrum ecosystem, In addition, it allocates member capital efficiently and transparently in Arbitrum-native income strategy and uses the new governance mechanism of Cartel to effectively promote public goods, which is always compatible with Arbitrum's zero-defI protocol. Awarded/Allocated pro rata to any token airdrop and possible ARBI token airdrop from a partner based on value added contribution to the Arbitrum ecosystem, with core values: decentralization, privacy and permisse-free innovation.

Factor DAO (Feb. 20)

Factor is an asset management protocol that will be launched in Arbitrum soon. Users can customize FactorDAO to create a vault that can access various tokens and markets to manage their assets on Factor. Users can add a variety of supported tokens to the vault. Enhanced market participation ability and asset flexibility of users, better adapt to the trading strategy and risk situation, may be a good asset management tool in the mind of traders.

JustBet (TBC)

JustBet is a decentralized game platform on Arbitrum. This platform has a "perfect" token economy, and its game relies on blockchain technology, and the result is transparent and untampered. Supra Oracles generates randomness in the game, which also ensures that the expenditure is untampered. The protocol incentivized players by providing the necessary infrastructure to allow liquidity providers to earn revenue from bets and platform fees, issue vWINR tokens, and promote ecology. BlockBeats has previously provided a detailed introduction to JustBest. For more information, please read theArbitrum Ecological spinach JustBet confirm airdrop, how to interact?"

Perpy (TBC)

Perpy is a protocol on Arbitrum that allows users to replicate transactions on the decentralized perpetual trading platform, connecting traders and investors all day long, with the aim of completely changing the accessibility of Web 3 investors to perpetual trading. Perpy allows users to generate revenue by sharing their trading strategies. Users who subscribe to your strategy pay a commission to those who follow your trading operations.

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