Binance Announces Project 34 at Launchpool

In the announcement text shared at the last minute, Binance introduced the new product of Binance Launcpool, the Maverick Protocol (MAV). Investors need to stake BNB and TUSD to participate in the MAV pre-sale. The products supported by Binance, the world’s largest cryptocurrency exchange, can experience volatile increases in the future.

The 34th Binance Launcpool product, Maverick Protocol (MAV), will be released in July. Binance gave the following words in the announcement it shared on the subject:

Binance is excited to announce the 34th project on Binance Launchpool – Maverick Protocol (MAV), a composable DEX that enables liquidity providers to achieve high capital efficiency with their desired Liquidity Providing (LP) strategy. The webpage is estimated to be available in 4 hours, before the Launchpool starts.

Users will be able to stake their BNB and TUSD into separate pools to farm MAV tokens over 25 days, with farming starting from 2023-06-14 00:00 (UTC).

Binance will then list MAV when its liquidity meets the requirement and open trading with MAV/BTC, MAV/USDT and MAV/TUSD trading pairs. Exact date and timing will be announced once available.

Users will enjoy zero maker fees on the MAV/TUSD trading pair until further notice.

Maverick Launchpool Details:

Token Name: Maverick Protocol (MAV)

Total Token Supply: 2,000,000,000 MAV

Launchpool Token Rewards: 30,000,000 (1.5% of total token supply)

Initial Circulating Supply: 250,000,000 (12.5% of the total token supply)

Smart Contract Address: Maverick Token (MAV)

Staking Terms: No upper limit. KYC required