TechFlow news: Binance has launched its 34th new coin mining project, Maverick Protocol.
Maverick Protocol is a composable decentralized exchange that enables liquidity providers to execute their desired liquidity provision (LP) strategies, enhancing capital efficiency.
Users can stake BNB and TUSD into the MAV mining pool on the Launchpad website after 08:00 (UTC+8) on June 14 to earn MAV rewards. The mining period for a total of 30,000,000 MAV will last 25 days.
Once sufficient MAV token liquidity is achieved, Binance will list trading pairs MAV/BTC, MAV/USDT, and MAV/TUSD. The exact listing date and time will be announced later. Users will enjoy zero maker fees on the MAV/TUSD trading pair until further notice.
Project details:
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Token name: Maverick Protocol (MAV)
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Total supply: 2,000,000,000 MAV
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Circulating supply: 250,000,000 MAV (12.5% of total supply)
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Mining allocation: 30,000,000 MAV (1.5% of total supply)
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Terms: No mining cap; KYC required
