Camelot welcomes D-Squared to the Round Table
D-Squared is an exciting new Arbitrum native protocol that builds sophisticated quant vaults on top of Dopex and GMX. In the coming weeks, D-Squared will launch their token on Arbitrum via a pre-sale and public sale, and we are proud to announce that the $DSQ token will first be tradeable on Camelot.
A long-term partnership to support innovation on Arbitrum
Camelot is a custom-built protocol that aims to become the native Arbitrum DEX. By building multiple novel features from the ground up, Camelot enables higher capital efficiency and attempts to bring the real-yield approach to a DEX. D-Squared is an exciting new Arbitrum protocol that will launch in the coming weeks, and through this partnership, they are committed to seeding liquidity for the $DSQ token on Camelot. In addition to incentives and emissions, D-Squared will receive an ownership stake in the protocol. Not only will this enable deep and adaptable liquidity for the $DSQ token, but most importantly, it will form the foundation for a long-term relationship that will closely align D-Squared and Camelot’s shared vision of growing the Arbitrum ecosystem. D-Squared is driven by DeFi composability, and Camelot is proud to support $DSQ and welcome them formally to the Round Table.
The Round Table is composed of the key Arbitrum builders, and we are excited that this partnership will further align the ecosystem to collaborate, innovate, and build together.
Bespoke support for an upcoming Arbitrum protocol
D-Squared is a DeFi Quant Vault-based protocol built for the crypto-native ETH community. It is a joint venture between BWS Labs and DopexNFT that delivers actively managed quant trading strategies to DeFi-native users on Arbitrum. For their core product offering, users of D-Squared can invest in two vaults for GMX and Dopex, entrusting those funds to a quant trading strategy for a set period.
By leveraging the existing tech of Dopex and GMX, D-Squared can employ concentrated strategies designed to capitalize on market inefficiencies quickly. Combined with innovative tokenomics, these strategies will allow DSQ to achieve attractive and sustainable real yield returns for holders, with the token capturing 50% of the protocol revenue. The D-Squared protocol is driven by a highly experienced and successful team with a proven track record of institutional-level trading strategies.
Camelot’s vision is to build innovative infrastructure that supports other Arbitrum builders through unique custom features:
- Unique AMM implementation that supports volatile & stable assets with dynamic fees (custom fees per pool, as well as per buy or sell direction)
- A custom NFT wrapper for staked positions that allows LPs to be reused for further capital efficiency gains
- Nitro pools allow protocols to permissionlessly incentivize liquidity based on custom requirements
- Innovative escrowed tokenomics that enable a more sustainable protocol that can capture real yield for holders
Camelot will leverage all its unique features to ensure that liquidity is deep and adaptable — tailored to what the D-Squared team wants to achieve. For example, Nitro pools would allow D-Squared to incentivize liquidity in a custom way, such as by only rewarding LPs that lock for a certain time and deposit over a certain amount.
In addition, we could set custom fees for $DSQ pools or add even further custom requirements to Nitro pools. This high level of control will allow D-squared to have an efficient rewards structure for their token liquidity. Therefore, D-squared will achieve highly efficient returns on their liquidity while also bootstrapping critical infrastructure that benefits the entire ecosystem.
Most importantly, this partnership will form the foundation for a long-term relationship that could lead to even further collaboration. For example, Camelot is committed to building a custom liquidity infrastructure that could enable novel vaults on D-squared. The possibilities are endless, and we are excited to support one of the newest members of the Arbitrum ecosystem.
Upcoming sale and launch for D-Squared
D-Squared will be hosting a pre-sale and public sale in the coming weeks before the token is fully liquid and tradeable on Camelot. Users will have the opportunity to purchase DSQ in the pre-sale, where tokens will be locked for at least six months, or they can buy in the public sale, where the tokens are entirely liquid. Following the sale, users will be able to trade the token directly on Camelot.
The DSQ token will follow a dual-token model, where users can stake DSQ for esDSQ — the yield-bearing version that earns up to 50% of protocol revenue! esDSQ offers a highly attractive real yield opportunity paid out in ETH, and users can redeem esDSQ back to DSQ over a one-year vesting period. Read HERE for more details.
D-Squared will be confirming final dates and announcements in the coming days, so follow their socials to ensure you receive all the latest updates:
https://twitter.com/D-Squaredfinance
http://discord.gg/N78wpKt73A
https://docs.dsquared.finance/introduction/whats-d-squared
The quest for GRAIL
After successfully launching the Genesis Pools last week, Camelot has reached over $12m TVL! The public sale for $GRAIL is also now underway, raising $1.4m and ending on Monday, 5th Dec at 5 pm UTC.
After forming the initial Camelot Round Table with our partners of GMX, Umami, Jones, Buffer, GMD, Sperax, and Abracadabra, we are proud to embark on our vision of being a key part of the Arbitrum ecosystem.
Camelot is committed to supporting the native Arbitrum builders, and we are confident that our close collaboration with our partners will lead to further innovation and development in the ecosystem. Through our fair launch model, we are proud to offer the community an equal and transparent opportunity to acquire GRAIL, allowing the entire ecosystem to direct and govern the protocol’s future.
Once the sale has concluded at 5 pm on Monday, 5th Dec, GRAIL liquidity will be seeded, and farms will open 24 hours later. On the 7th Dec, emissions will begin for the farms, and users will now be able to start claiming their Genesis pool rewards too. As mentioned above, D-Squared is planning its sale in the coming weeks, with the DSQ expected to be live on Camelot by the end of the year.
Most importantly, make sure you don’t miss our upcoming AMA with the D-Squared team on 9th Dec at 11am UTC!
Public sale: https://app.camelot.exchange/sale/
Twitter: https://twitter.com/camelotdex
Discord: https://discord.com/invite/camelotdex
Telegram: https://t.me/camelotdex
Linktree: https://linktr.ee/camelotdex