Cryptocurrency of the Day ( $MAV ) 🪙
🔸 What is Maverick Protocol? (#MAV)
Maverick, which emerged with a unique AMM, aims to be the best liquidity trading platform for all investors. Another goal is to reduce the inefficiency in DeFi. It aims to do this with its Dynamic Distribution AMM.
It is a brand new DeFi protocol on Ethereum and zkSync Era.
🔸 Maverik Protocol Advantages and Disadvantages (#MAV)
Advantages:
-Stake, Borrowing and Lending (Classic DeFi)
-Dynamic Distribution AMM (Most Important)
-DAO (Governance)
-Low Transaction Fees
Disadvantages:
-Classic hacks experienced in DeFi protocols.
-Selling pressure due to supply swing
🔸 Maverick Protocol Investors
-Binance LABS
-Coinbase Ventures
-Jump Crypto
-Spartan Group
-Apollo
-Founders Fund
🔸 MarketCap and Supply
MarketCap: $74M
Circulating Supply: 14%
FDV: $390M
TVL: 21.5M $