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Maverick Protocol, a provider of Decentralized Finance (DeFi) infrastructure, has completed a funding round, raising $9 million. Founders Fund, an American…
The Maverick Protocol will be available on the Binance Launchpool as the newest project launched after the Sui blockchain in April.
ALSO: BTC-20 tokens are pushing toward a $500 million market cap, and data from Glassnode shows that they have been a boon for miners.
Maverick's rewards system lets token issuers target a specific price range, offering more efficient incentives than rival Curve Finance and helping pegged assets such as stablecoins, liquid staking derivatives keep their prices stable, the protocol said.
Decentralized exchange (DEX) platform Maverick Protocol has unveiled a novel incentive system that can help stablecoins, ether (ETH) liquid staking…