Interpreting the Maverick Protocol DeFi Protocol

Understanding the Maverick Protocol DeFi

Maverick Protocol is an exchange platform with high efficiency liquidity, and its governance token MAV has shown a growth trend. Cryptocurrency KOL 2Lambroz.eth introduced this project from the aspects of liquidity model, token economics, and participation strategy.

Maverick AMM is an AMM model launched by Mav Protocol. It introduces the concept of directional LP, which has four modes: 1) Mode Right (long mode): LP token price is believed to rise and users are willing to buy at any price. This is equivalent to dollar-cost averaging and requires paying fees. 2) Mode Left (short mode): LP price is believed to drop. 3) Mode Both (bi-directional mode): The cost is enough to offset the impermanent loss and the risk of price fluctuations, and price fluctuations are predicted to be small. Mode Static (static mode): Similar to Trade Joe’s liquidity provision.

Mav Protocol completed its listing strategy and marketing on time. It incentivized airdrop hunters to provide LP and trade, and migrated to zkSync at the best time when trading volume, hype, and airdrop hunters peaked. It was able to push TVL to 6 million within 10 days of going live. There are three strategies: 1) Participate in the BN B’s launchBlockingd farming by providing liquidity and obtaining rewards in the launchBlockingd project of BNB. 2) Purchase MAV tokens and believe that the token has potential because Binance’s influence as an exchange may push up the token price. 3) Choose to temporarily exit the market to avoid market risks and focus on earning profits by participating in MAV token liquidity mining.

Reference: https://twitter.com/2lambro/status/1669163994605838336

We will continue to update Blocking; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Blockchain

SBF returns to the witness stand admitting mistakes but refusing to plead guilty, Binance, ex-girlfriend, and Three Arrows caused FTX to collapse.

SBF revealed insider information that Binance had once sought to acquire FTX, and described himself as the CEO who do...

Blockchain

Why did the mining pool business become the "sweet bun" of the exchange?

The three major domestic institutes are all involved in the mining pool business. As an exchange, how to use its own ...

Blockchain

The Digital Currency in the Eyes of Economists - The Exchange: The Glory of the King

Digital Currency in the Eyes of Economists: Series Preface The digital currency in the eyes of economists – Cla...

Blockchain

Hacker's "honeypot": the exchange has been stolen 1.36 billion US dollars, accounting for 59.2% in 2018 alone

Bitrue, a Singapore-based cryptocurrency exchange, today announced a hacking attack that cost $4.3 million worth of X...

Blockchain

The essence, risks and new opportunities of exchanges from the perspective of monetary finance

Why do you understand that the exchange must first understand the bank? Where are the new opportunities for the excha...

Market

Old-timers Leaving the Crypto Circle Some Get Married and Have Children, Some Start New Businesses

In the world of encryption, people come and go. Have you ever wondered where the people who have left the cryptocurre...