The DeFi infrastructure built to bring higher capital efficiency + greater capital control to the liquidity market, powered by Maverick AMM. The main feature is an innovative LP system in which you can fill in liquidity with a bet on a certain movement in the price of a token.

You can choose between Bearish or Bullish LP to do or in both sides, due to the mechanism of automatic movement of liquidity behind the price.

More information about it - https://docs.mav.xyz/guides/liquidity-providers/understanding-modes

The Maverick dApp is live on Ethereum, ZkSync Era and Binance Smart Chain.

Fees generated on each swap at a rate set by the pool.

$MAV is the native utility token of the Maverick ecosystem. It is designed primarily to be used for staking, voting, and boosting.

First big unlocks will be in 1 year (I wrote about it in last paragraph)

DeX, AMM

Total raised - $18M

01.06.2021 Seed - Raised $1m (No information by whom) (written only on DeFillama)

15.02.2022 Strategic round - Raised $8M by PanteraCapital(Lead investment), Circle, The Spartan Group, CMT Digital, Jump Crypto, Tron Foundation, Altonomy and others

21.06.2023 Funding round – Raised 9$Mby Founders Fund(Lead investment), Pantera Capital, Binance Labs, Coinbase Ventures, Apollo capital     

The Maverick AMM smart contract has been audited repeatedly by trustworthy auditing firms. Any issues identified in the audits have been addressed. You can find the full report from each of the audits at the links below.

Certik (21.04.22)
Zellic (07.05.22)

ABDK (13.10.22)

Dedaub (31.03.23)

ABDK (11.05.23)

But again, security audits do not eliminate risks completely. There were a lot of projects that were hacked even after a lot of audits.

They have a huge twitter with a good score and followed by a top crypto people.

They did one airdrop for early users and there will be another one for $veMav holders(token for governance that you can get by staking $MEV).

On July 27, a second snapshot will be taken for veMav voting incentives. 10,000,000 MAV will be distributed pro rata of veMav balance on that date, representing 0.5% of the total MAV supply. This will be made available as more staked MAV and accompanying veMAV.

Cons:

· Highly risk investment because it’s DeX and it’s really random which project will multiply your investment.

· Security risks, all DeXs can be hacked.

· Difficult LP system

Pros:

· Innovative LP system

· Funded by Binance Labs and it is already listed on top1 CeX and it gives a real advantage comparing to others protocols and their tokens.

· Backed by Jump Crypto, Pantera Capital, The Spartan group (T1 investors)

· Good tokenomics. If our goal is next bullrun which might happen for example in the range of 1-2 years, then even if we take the bad scenario that it will happen only in 1.5 years – there will be unlocked only 40% of $MAV (~3-4x of amount that is unlocked now)

· The timing of $MAV release, less than one month ago during the bear market, presents a positive signal. This strategic decision allows for the first token unlocks for the team, investors, and advisors to occur after a year. This approach can be beneficial for investors as it enables them to have their unlocks coincide with the start or peak of a bull run, maximizing the potential for price appreciation. By releasing the token during the bear market, the project demonstrates confidence in its fundamental qualities. This strategy ensures that token unlocks align with the anticipated bull market, as opposed to releasing the token during a bull market where the first unlocks may potentially occur when the market cycle is already nearing its end.

In general, if we consider from all the projects that are on the zksync network (I don’t even consider the rest of the chains from the task, because starknet is still developing and there are very few projects there (and none of them have a token), and linea and scroll have not even been released yet in the mainnet, then I would single out this project for investing in. It has good funds, tokenomics, an interface (which is important) and interaction with the community, and they were not afraid to release a token in a bear market.

But to be honest, investing in the DeX token is very risky, and if we talk about what directions I see ideal for investing with the best risk/reward and a target for a bull market, these are L2 solutions, for example Optimism (it is now taking over the market very strongly thanks to their rollups, every month they have new projects built on optimism technology and thereby increasing the TVL of the network), also LSDfi projects that do not yet have a token, but you can stake ETH on their platform and eventually get a reward.