Camelot, the hottest DEX on Arbitrum, is now selling token bonds. This will be achieved through their partnership with Bond Protocol, which will allow for two bond offerings for both $GRAIL and xGRAIL tokens. These offerings will provide users with the opportunity to purchase tokens at a discounted price, with values dynamically calculated using Bond Protocol's novel technology.
The GRAIL and xGRAIL tokens will be coming from Camelot's development fund, which has allocated 2.5% of the total supply to fund the expansion and scaling of the team.
As of writing, $GRAIL bond is selling at 10% discount and xGRAIL is selling at 39% discount. But the price fluctuates and some time may even sell at a premium.
Bond Protocol platform that enables the creation and trading of tokenized bonds. The platform uses a unique algorithm to dynamically calculate the price of bonds, based on various factors such as supply and demand, market volatility, and liquidity.
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