> For the complete documentation index, see [llms.txt](https://docs.campiexyz.io/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.campiexyz.io/tokens/mgrail/mgrail-greater-than-grail-redemption.md).

# mGRAIL -> GRAIL Redemption

<figure><img src="/files/gWS2ToD3TYPPdHfwYaWT" alt=""><figcaption></figcaption></figure>

## **The mGRAIL Redemption Mechanism** <a href="#a516" id="a516"></a>

**To redeem mGRAIL for GRAIL, users can** [**initiate the process through Campie**](https://www.camelot.magpiexyz.io/stake)**. Here’s how it works:**

### **1. Submission Window:** <a href="#id-4c85" id="id-4c85"></a>

* Users submit withdrawal requests.
* Campie aggregates users’ mGRAIL withdrawal requests bi-weekly.

### **2. Campie’s Withdrawal request:** <a href="#id-9d22" id="id-9d22"></a>

A consolidated withdrawal request will be submitted by Campie to Camelot, with the underlying xGRAIL amount used to cover the 0.5% deallocation fee.

### **3. Vesting Period:** <a href="#dbd2" id="dbd2"></a>

The underlying xGRAIL corresponding to the mGRAIL enters a six-month vesting period on Camelot.

### **4. Final Redemption:** <a href="#id-8a16" id="id-8a16"></a>

Once the vesting period concludes, users will receive their GRAIL tokens at a 1:1 ratio (minus Camelot’s xGRAIL deallocation fee).

**Note:** The bi-weekly mechanism ensures a streamlined and efficient redemption process, balancing flexibility with the operational requirements of Camelot’s ecosystem.
