Maverick Protocol (MAV) on the Binance Launchpool
This is the 34th project launched from the Binance launchpool and farming is already open.
Earning MAV tokens by staking BNB
Binance Launchpool introduces Maverick Protocol (MAV)
Maverick is a composable DEX that enables liquidity providers to achieve high capital efficiency with a desired liquidity providing (LP) strategy.
Although the farming of MAV tokens has already started, they have not yet been listed on the exchange.
Listing is expected to take place at the end of June, so until then any MAV tokens earned cannot be sold. Logo Blockchain Crypto Trading DeFi NFT World News Wiki AI Charts Crypto Merch ITA ITA FRA FRA
Search banner Maverick Protocol (MAV) arrives on Binance Launchpool Crypto Maverick Protocol (MAV) arrives on Binance Launchpool By Marco Cavicchioli - 14 Jun 2023 Chevron down Facebook Twitter Telegram Linkedin Reddit Today, is the day of the launch of Maverick Protocol (MAV) on the Binance Launchpool
This is the 34th project launched from the Binance launchpool and farming is already open.
Earning MAV tokens by staking BNB or TUSD
Summary Binance Launchpool introduces Maverick Protocol (MAV) Maverick’s innovative mechanism The launch of Maverick (MAV) on Binance Launchpool Previous projects introduced by Binance The launch of new tokens Binance Launchpool introduces Maverick Protocol (MAV) Maverick is a composable DEX that enables liquidity providers to achieve high capital efficiency with a desired liquidity providing (LP) strategy.
Although the farming of MAV tokens has already started, they have not yet been listed on the exchange.
Listing is expected to take place at the end of June, so until then any MAV tokens earned cannot be sold.
Nonetheless, the MAV token page has already been posted on CoinMarketCap, although without data regarding the price.
Maverick’s protocol is an innovative liquidity bootstrapping mechanism called “Automated Liquidity Placement vAMM.” It is used to place liquidity more effectively than the market price.
It aims to provide benefits to both liquidity providers and traders, thereby improving capital efficiency.
Because of its unique mechanism, Maverick aims to be the first protocol that can rapidly expand to support many exotic pairs that are not currently available in perpetual markets, whether centralized or decentralized.
In fact, liquidity providers can use this protocol to find more yield farming opportunities for any ERC20 token, with the Gaussian Automated Liquidity Placement mechanism eliminating the need to constantly manage liquidity.
It also allows traders to open long or short positions on token pairs with up to 10 times more buying power.
Binance Launchpool users can already put their BNB or TUSD in staking to farm MAV tokens, and this service will run for 25 days.
Afterwards, if its liquidity meets the requirements, Binance will lister MAV and initiate trading with MAV/BTC, MAV/USDT, and MAV/TUSD pairs. Moreover, no fees will be charged on the MAV/TUSD pair by Binance, at least at first.
A total of 2 billion MAV tokens have been created, of which 12.5% (250 million) constitute the initial circulating offer. On the other hand, 1.5% (30,000,000) will be allocated to launchpool rewards.