Maverick Protocol – This AM (automated market maker), whose main differentiator is to increase the capital efficiency of liquidity providers. This is achieved through the ability to automatically move liquidity close to the price level.
TO YOU is a native protocol token that complies with the ERC-20 standard (Ethereum Blockchain). Used for management (participation in voting on project development). Criptomais experts studied the protocol features and prepared its review.
The Maverick Protocol (MAV) can be obtained by farming in Launchpool and Binance for 25 days from 2023-06-14 3:00 to 2023-07-09 2:59 (Brasília time). To do this, you need to participate in the BNB or TUSD staking pools on the platform.
general information
| Designation | Independent Protocol |
|---|---|
| Clock | TO YOU |
| Release year | 2023 |
| Token Type | ERC-20 |
| Blockchain | Ethereum |
| Maximum emission | 2.000.000.000 RDNT |
| Official website | https://www.mav.xyz/ |
| White paper | https://bit.ly/MavWhitepaper |
| Social media | https://twitter.com/mavprotocol |
| Blog | https://medium.com/maverick-protocol |
| Binance Launchpool Distribution Begins | June 14, 2023 at 3:00 am (Brasília time) |
| Binance Launchpool Distribution Ends | July 9, 2023 at 2:59 am (Brasília time) |
| Will be distributed on Binance Launchpool | 30,000,000 ID (1.5% of total issuance) |
| brokers for trading | Binance |
Maverick AMM Broker Features
Maverick AMM is an automatic market maker that relies on the ability of liquidity providers to choose to automatically move liquidity closer to the price. This move improves capital efficiency and allows providers to place targeted price offers while still earning a profit from commissions.
When introducing liquidity, providers answer two questions: what price range does the provider enter and how should liquidity change in price as market rates change.
Providers can also choose between 4 modes when adding liquidity:
- Way Right – liquidity changes with the price as it rises, but does not change
- when decreasing.
- Way Left – liquidity changes with price when it decreases, but does not change
- when growing up
- Way Both – liquidity changes along with the price as it rises and falls.
- Way Static – liquidity does not change.
In this way, Maverick AMM helps liquidity providers maximize their capital efficiency, which in turn provides an incentive to create more liquid markets, fairer prices for traders, and higher royalties for providers through active commission payments by traders.
Maverick runs as a decentralized application on the Ethereum blockchain and is also supported by the zkSync Era blockchain. Users connect using wallets (Coinbase Wallet, Ledger Bull or protocol Connected Wallet).
The application includes three sections:
- Trading interface
- Page for liquidity providers – Pools.
- Information to suppliers about their positions – Portfolio.
Additionally, there is an additional Boosted Positions section. Let's tell you more about it.
What are boosted positions in Maverick
When a user deposits liquidity, he sets a number of parameters for his position – this is an asset pair, commission, liquidity distribution mode, etc. Power positions also offer precise control, but they have two main differences:
- Other protocol users can “buy back a stake” in this position, thus increasing its liquidity.
- The position can also be incentivized by additional tokens distributed among providers.
All of this provides additional incentives for both LPs and traders. Anyone can add ERC-20 tokens to a Boosted Position at any time; Those who add them also select a placement period of 3 to 30 days.
The first time liquidity is added, the LP opens an independent NFT position. In the future, it will remain tied to it and all data about the contributed assets will be stored there. In case liquidity needs to be withdrawn, the contract will need to be approved to access the NFT position.
Token MAV e Farm no Binance Launchpool
MAV is an ERC-20 token that plays a utility role in the Maverick Protocol. It is intended to be used by holders who make decisions related to protocol governance.
A total of 2,000,000,000 MAV will be put into circulation. Their distribution:
- 30.85% – airdrops and liquidity mining launches
- 19% – for the team
- 18% – for investors
- 16.5% – public fund
- 10% – treasure
- 4.15% – for consultants
- 1,5% – Binance Launchpool
S June 14, 2023, 3:00 AM (Brasília time) to July 9, 2023, 2:59 AM (Brasília time) This token is being farmed on the site Launchpool and Binance. Investors can use BNB and TUSD for Staking in their respective pools and thus earn MAV tokens for 25 days.
A total of 30 million (1.5% of the total issuance) will be distributed in this way.
Where to buy, sell, store MAV
Cryptocurrency Exchange Binance will add MAV to the listing once its liquidity meets the requirements and start trading in MAV/BTC, MAV/USDT, MAV/TUSD pairs.
Furthermore, as a symbol ERC-20MAV can appear on decentralized exchanges, especially on its native Maverick protocol.
Suitable storage wallets:
You can also use a hardware wallet Ledger or competitors' analogues.
Frequently asked questions
Conclusion
Chips decentralized exchanges, such as MAV, can be used to participate in the ecosystem of their native projects or become promising investment assets. Once launched, MAV can be used to participate in voting on decisions made on the platform, and later for other purposes, for example, discounts on commissions, participation in various events on the platform. In any case, when investing, it is necessary to take into account the risks associated with cryptocurrencies, including high volatility and exchange rate instability.