How to Use Camelot Formally Excalibur Exchange on Arbitrium Network and Eligible for Airdrops

Learn how to use Camelot (Formally Exclaibur.Exchange) on Arbitrum Network and possibly be Eligible for Airdrops.

How to Setup up Metamask wallet for Arbitrum Testnet Setup your Metamask wallet as follows:

1. The first step is to open Metamask and select the network dropdown menu.
2. When the pop-up appears, click [Add Network].
3. The [Add a network] page will open. Then add the following details: Network name: Arbitrum Goerli New RPC URL: https://goerli-rollup.arbitrum.io/rpc ChainID: 421613 Token: ETH Block explorer URL: https://goerli-rollup-explorer.arbitrum.io/ Once you're finished, click [Save].
4. You are now connected to the Arbitrum Goerli test-net.

How to request test-net ETH from Optimism Goerli Test Net I will show you how to request test ETH from Optimism Goerli Test Network. The process for obtaining Camelot’s open beta test-net tokens is as follows:

1. Go to https://goerlifaucet.com/
2. Make an account or sign in with your google account.
3. To request funds, enter your wallet address and click “Send Me ETH”. Copy Metamask wallet address and paste it here.

Remember, you are getting 0.1 Optimistic Ethereum Test tokens worth 0.1 ETH per 24 hour period. You cannot get more than 0.1 for 24 hours period. Note that Camelot uses Arbitrium Ethereum. So you have to bridge it into Arbitrium Ethereum Test from Optimistic Ethereum Test Nets.

How to bridge Optimistic Testnet ETH to Arbitrum Goerli Testnet

1. Go to https://bridge.arbitrum.io/
2. Connect your wallet to the app/bridge
3. Make sure that you have set up the settings as follows: ‘From’ - Georli ‘To’ - Arbitrum Goerli Type in the amount of ETH that you want to bridge (You should have 0.1 ETH).
4. Click ‘Move funds to Arbitrum Goerli’
5. Click 'Switch network' in the wallet pop up
6. Click confirm in another wallet pop up
7. Switch the network back in your wallet to Arbitrum Goerli Your test-net ETH should arrive within 15 minutes
8. You’re now ready to participate in Camelot’s open beta!

How to Defi Dabbling with Camelot.Exchange with Arbitrum Testnet Now you have Arbitrum Ethereum Testnet tokens. You are ready to play with Camelot exchange. 1 Go to beta.camelot.exchange. 2. Click Claim to claim your 1000 USDC test tokens on Arbitrum Testnet. Pay gas with ETH to claim your tokens.
I used 1000 USDC tokens as play money. I swapped 200 USDC into Grail. on Exchange tab. 3. Go to Liquidity tab. For token 1 I selected ETH. For token 2, I selected Grail.
4. Click add liquidity. NOw you have created liquidity pairs. You will not get Grail rewards until you deposited into the correct farm the liquidity tokens. 5. Go to Staking tab. Click yield farms. 6. I selected Grail-ETH farm. 7. Click New Position. Select Max amount. In my case 1.457 LP tokens worth about $397.
8. Select your lock duration. Max lock duration gives you max bonus. However, risk is you cannot withdraw funds before the lock duration. Click Approve. Click confirm.

Now your funds are in GRAIL-ETH Yield farm. As of this demo account it is paying APR of 46.5k. You can follow similar steps on DAI-USDC. Given both of them are stable coins, I would recommend this even though less APR, your funds are less of risk from going down compare to GRAIL, which is a Camelot based emission tokens that will be constantly in emssion and inflated away.

In conclusion, this was demo account of Camelot exchange on Arbitrum testnet. I wish Camelot devs picked Fantom like they did for Exclaibur Exchange but they end up picking high gas fees Arbitrum network. I am expecting each transaction to cost like a $1 in Arbrtrium network as oppose to pennies in Fantom network. Like I said, I would be vary of Grail tokens that is emitted or inflated away by the Camelot exchange tokens. With more supply it will go down in price over time. I would play the most safe route by yield farming on stable coin pairs like DAI-USDC. Finally, if you played with the beta.camelot.exchange, you might be eligible for Airdrops. I will provide the Camelot Medium post link below as we as possible $100 giveaway link.

If you enjoy this Camelot Exchange Arbitrum video, please subscribe and hit the like button show some love. Happy crypto.

Time Stamp: 00:00 Setup up Metamask wallet for Arbitrum Testnet for Camelot Exchange 01:05 How to request test-net ETH from Optimism Goerli Test Net 01:54 How to bridge Optimistic Testnet ETH to Arbitrum Goerli Testnet 02:37 Defi Dabbling with Camelot.Exchange with Arbitrum Testnet 04:15 Camelot Exchange Airdrops

https://beta.camelot.exchange/giveaway https://docs.camelot.exchange/get-started/get-started-on-open-beta-arbitrum-testnet

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