Maverick Protocol

Maverick Protocol (MAV)

Full information about Maverick Protocol (MAV). Current Maverick Protocol price in STD, MAV open/close rates, Maverick Protocol history charts, Maverick Protocol market capitalization and volume.

1 MAV = 4 510.82 Db São Tomé and Príncipe, Dobra (STD)
0.2179351 STD

Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago 1 USD = 20697.981008 STD

General information
Global rank:386
Name: Maverick Protocol Maverick Protocol
Symbol:MAV
Current coin price (STD):4 510.82 Db
Last hour:arrow_upward0.390 %
Last 24 hours:arrow_downward-7.93 %
Last 7 days:-3.97 %trending_down
Capitalisation (STD):1 934 386 237 798.87 Db
Volume 24h (STD):173 063 684 440.67 Db
Available supply:428 832 744.00 MAV
Total coin supply:-1 MAV
Start date:2023-06-13
Last updated: 2024-10-01 01:40:00 UTC - about 1 year ago

Maverick Protocol/São Tomé and Príncipe, Dobra (MAV/STD) price chart

Maverick Protocol/São Tomé and Príncipe, Dobra (MAV/STD) capitalisation and volume charts

What is it?

Maverick Protocol (MAV) is a composable decentralized finance (DeFi) infrastructure that enables builders and liquidity providers to achieve high capital efficiency and implement their desired Liquidity Providing (LP) strategy. The protocol comprises several components, including Maverick AMM, the first Dynamic Distribution AMM. This AMM is a smart contract that allows users to place liquidity in arbitrary distributions and automatically moves users' liquidity to follow price changes.

Additionally, Maverick Protocol offers "Boosted Positions," another smart contract that allows protocols to add token rewards to specific dynamic distributions to attract liquidity. The protocol also includes a "Voting Escrow" that facilitates voting on Boosted Positions and Maverick governance.

What is it used for?

The MAV token is primarily used for governance within the Maverick Protocol. MAV token holders can stake their tokens to receive veMAV, which is used to vote on protocol governance decisions. In particular, veMAV provides community voting rights, including allocating protocol incentives to specific pools or positions within Maverick AMM.

Maverick Protocol's infrastructure also has significant implications for traders, liquidity providers, and new protocols. Its highly concentrated pools offer competitive pricing with low slippage for traders, while its dynamic movement modes and non-uniform liquidity distributions add new degrees of freedom to a liquidity provider's toolkit. For new protocols, Maverick enables the use of precision incentives to shape global liquidity distribution to meet objectives.

Who created it?

Unfortunately, specific information about the creators or the team behind Maverick Protocol was not available.