Maverick Protocol, a DEX based on Ethereum and zkSync Era, announced the launch of its Ecosystem Incentive Program, which aims to incentivize ecosystem participation and advance the development of the protocol. The program will use $MAV as rewards, and will be deployed in different seasons.
For early users, Maverick Protocol will offer pre-season rewards, which will be calculated using a combination of these factors:
- Liquidity Providing, by TVL and duration
- Achieving Contributor or higher roles in Maverick Warrior Program
- Participation in Snapshot governance votes
- Trading volume using Maverick UI
- Holding Maverick MAVA NFTs
A snapshot for pre-season eligibility has been taken on June 22nd at 20:00 UTC. Incentive program Season 1 also started at the same time, and any LP activity on Maverick since then will be recorded and counted towards Maverick Rewards Season 1. Next, Maverick Protocol will launch veMAV smart contract, and then introduce Liquidity Directing Voting mechanism, with which users can use veMAV to vote and direct platform and external incentives to certain liquidity pools. The rewards of Season 1 will be distributed on the day Liquidity Directing Voting mechanism goes live.
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