Binance Will Launch MAV Perpetual Contract With Up To 20x Leverage

Key Points:

• Binance will launch a perpetual Maverick Protocol (MAV) contract on June 29, 2023, at 12:00 (UTC) with up to 20x leverage.
• Maverick Protocol today announced a massive Airdrop: 30 million MAV tokens claimed.
• Previously, the world’s largest cryptocurrency exchange was introduced as the 34th project to be launched on its projection platform.

Binance announced that it will launch a perpetual contract for Maverick Protocol (MAV) with up to 20x leverage tomorrow.

Binance Futures will launch the USDⓈ-M MAV perpetual contract at 2023-06-29 12:00 (UTC), with up to 20x leverage.

This activity is announced after the Maverick Protocol project announced that it would broadcast 30 million MAVs before the season, and the application will start on June 28, 2023, at 08:00 (UTC).

The Maverick Pre-Season Incentive Program is a significant development for early adopters and contributors to the Maverick ecosystem. The program includes various incentives for users who have contributed to the growth and development of the ecosystem.

When the claim function is live, you can click on the Claim button and follow the workflow to claim your airdrop. You will have the option to stake your MAV tokens for a selectable duration of time in order to receive a progressively boosted amount of veMAV tokens. veMAV is a non-transferable token that is used for protocol governance. Voting with veMAV when the Maverick veModel is fully launched may earn users bribes through metaprotocol design.

Maverick Protocol is an AMM DEX protocol launched 3 months ago on the Ethereum & zkSync Era networks and has already recorded impressive projections for collecting a large amount of transaction fees on the protocol. This is a project that accounts for about 33% of the market share of on-chain trading volume on the Liquid Staking Token (LST)/LSDFi array.

Maverick’s AMM system optimizes user experience and minimizes price risk using a rich source of liquidity. This helps users avoid price fluctuations and enjoy fair pricing. At the same time, liquidity providers will also enjoy more fees from this transaction.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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