FORTIFYING THE CASTLE: Camelot Strikes A Deal With ApeCoin’s Banana Bill To Strengthen ApeChain Infrastructure And Bring More Resources!
Kyle
Oct 25, 20242 min read
$Ape holders and Degens, lend me your ears. Arbitrum’s native decentralized exchange, Camelot, has struck a deal with ApeCoin DAO’s Banana Bill to bring more resources to the chain of $Ape!
On Friday, the knights behind Camelot picked up their swords—and their pens—to pledge their support for ApeChain, vowing to strengthen the ecosystem by enhancing infrastructure and allocating more resources to Camelot’s orbital liquidity network, which includes ApeChain.
“Through the deal, further resources will be focused on ApeChain to improve the trading experience, infrastructure, and to build specific features tailored towards Ape users and builders,” the Dex tweeted. “Camelot is fully committed to ensuring the success of ApeChain and its community. In addition to providing key infrastructure, Camelot aims to connect Orbit chains to the broader Arbitrum ecosystem. Camelot is the Orbital Liquidity Network that allows users and liquidity to flow from the largest L2 to ApeChain. Camelot is committed to supporting the ApeChain ecosystem by working closely with key partners like @ape_express_and more. As part of the Banana Bill program, Camelot will be able to bolster its efforts on the chain further and increase value for the ApeChain ecosystem.”
As the Bored Ape Gazette previously reported, Camelot first announced its Orbital Liquidity Network in August 2024.
“The Orbital Liquidity Network is Camelot's evolved vision,” the Dex tweeted on August 28th. “The Castle will connect & align Orbit chains, creating a unified Arbitrum ecosystem. Most importantly, its role extends beyond just the infrastructure, with Camelot now acting as the hub for these fragmented chains. Instead of Orbit chains being isolated, Camelot will create network effects so that each chain is connected to the broader Arbitrum community. This will unlock significantly more value for everyone in the network, fueling higher volumes, liquidity, & overall user activity. Becoming the Orbital Liquidity Network is a significant shift for Camelot and has required months of development to lay the initial foundations. This new vision has brought in a refreshed brand and roadmap to reflect the evolved direction of Camelot.”
The Bored Ape Gazette will continue to follow Camelot and its work on ApeChain. Stay tuned for updates!
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