We are pleased to announce our next AMA on November 2nd 2021 at 03:00 PM UTC Time: Satoshi Club x Maverick
⚠️Click to see the hour
⚠️Total Reward pool: $500
⚠️Requirements:
👉 Join Satoshi Club Telegram group
👉 Join Maverick Telegram group
We will have the following structure:
Part 1: 100$ /6 users – We’ll select 6 questions from the community. A user can post maximum 3 questions.
Part 2: 100$/10 users – Open chat for 120 seconds. You can post Max 3 questions. Maverick Team will select 10 questions and answer them.
Part 3: 300$ – A quiz about Maverick
For more details:
Maverick Website – mav.xyz
Maverick Telegram – @joinmaverick
Satoshi Club – @satoshi_club
Russian – @satoshi_club_ru
Spanish – @satoshi_club_spanish
MAVERICK – On your Staking Model, I understand stakers earn incentives to ensure assets are available on Marvrick and stakers guarantee that assets on Marvrick maintain the same values as the original assets being tracked. My question in view of the above is, how is the incentives being earned by stakers determined? Is it on pro rata basis or what? How do stakers guarantee that assets on Marvrick maintain the same values as the original assets being tracked?
Could you please tell us enthusiasts what is the value of Maverick in its Original form? By Original assets being tracked, what exactly do you mean by that? And how could an asset (s) be tracked? Please explain to us, thanks
I learnt that the community of Maverick controls the assets that are available on Maverick. Community members can deploy their favourite assets if there is an available price feed. Can you give more details about the process that should be followed for community members to deploy any asset on Maverick? What are the requirements that community members must meet before they will be able to deploy their favourite assets on Maverick?
Maverick Protocol is a protocol for decentralised permissionless trading and staking of any asset pair. I learnt that the main group of people that benefit from the Maverick platform are “Traders”, “Liquidity Providers” and “Token Projects”. Can you give more details on how these groups of people benefit from Maverick? Can you mention the advantages/benefits that the traders, liquidity providers and token projects get from the Maverick platform?
-One of the utilities of the $MAV token in the Maverick platform is governance. Holders of $MAV tokens can vote on certain matters in the Maverick platform. Can you give more details about the governance rights? What are the matters that holders of $MAV tokens will be able to vote on? Will users be required to hold a minimum number of $MAV tokens to have full governance rights? Will the voting rights/power of holders of $MAV tokens be equal or it will depend on the amount of $MAV tokens held?
-What are the other utilities of the $MAV token?
On one of Maverick Protocol’s Medium posts, it stated that members and advisors of the team have worked at leading companies such as ConsenSys, TRON, BitTorrent, Abra, TrueFi, Paxful, and LedgerPrime. I cannot find further details about the background and identity of you and the team behind Maverick Protocol. Is the team behind Maverick Protocol anonymous? Can you please share with us more details about your team?
In terms of tokens, Maverick Protocol’s native token, the $MAV token, has a total supply of 500,000,000 tokens and 5% of which is allotted to the future “Maverick Team Leadership”. I want to know what is this Maverick Team Leadership all about? How would the funds allocated for this specific program be used and expended? What will be the part of this Team Leadership to your ecosystem?
To optimize problem with volume trades, Maverick Protocol will be deploying its new feature called “Gaussian Automated Liquidity Placement” or ALP. Can you please explain to us thoroughly how does this features works behind the scenes? How is this feature unique and different from other volume optimizer features? Also, how is this feature related to your use of oracles and the amount of possible slippage on each trades?
According to Your medium, You mentioned that Risky assets can be deployed on Maverick, hence Maverick introduced the “Isolated Insurance Fund” to prevent assets risk from becoming Platform Risk. Understanding what risky assets mean, Can you explain on your Isolated Insurance Fund, how does Isolated insurance Fund works to reduce risk for investors and traders? What are other security protocols put in place to ensure safety of investors and traders funds?
I made note of one outstanding feature of Maverick which is its ability to provide a more stable markets using Automated Liquidations, which is used to ensure that asset pools on Maverick remain stable. Most Trading Platform don’t support Automatic Liquidation so Can you elaborate more on Automatic Liquidation, how does Automatic liquidation works to ensure stable price of assets pools? What are the advantages of Automatic liquidation to traders and to the liquidators also?
Most Trading platforms have bots that are used to make market analysis, predict prices and also open trade, in addition to that, most platforms are implementing a lending system also. Do Maverick have any plans to implement this bot feature and also the lending feature anytime soon? How can a user become a liquidators to Maverick Platform? What are the benefits and advantages of being a Liquidators to Maverick Platform? What are some features which Maverick will offer to give it higher advantages over other existing trading platforms?
I noticed on your token supply distribution, that maverick will allocate 36% of total supply to staking rewards which accounts for the highest allocation among others, since most of the entire concept of maverick is hinged on staking,could you share an overview about your staking and reward system? What will be the highest APY offering in staking with maverick? Considering that staking is so common,how would staking in maverick have a better income with stakers? How does your reward system be implemented and what will be the mechanism?
On the first quarter of 2022, maverick will have partnership with token projects, everlasting option- ability to enter into positions at different strikes,familiar with other plans this particular one is entirely new to me, please what do you actually mean by everlasting option,and what are the positions to enter, and the different strikes to enter this positions? As you plan to collaborate with token projects, can you give us a hint of what token projects you plan to partner with and why? Any advantage you see for choosing token projects you plan to partner with?
To find the best mark price, maverick utilizes internal and external oracles, external oracle are great in shallow markets or markets less activity to keep pools in parity with the spot index price, can you give in details what these oracles are? What are their features and functions? Giving the use cases of external oracles what is the usefulness of the internal oracle? Moreover, You said this oracles will be assigned weight base on volume so that the higher the trading,the higher the weight, please explain how this works
The Maverick development team brings together creative experts in the cryptocurrency space.Between them, you have built many original infrastructures for cryptocurrency one of which is “Crypto Credit Card”.So can tell us what users will use this card for?Does your card offer any reward to users and are there any terms and conditions governing each card to ensure eligibility and availability?Are the cards available for immediate use or your teams are currently working on it?Will your cards limit transfer and conversion or will it accept all cryptocurrences?What are the annual fee like For each for affordability?Please explain to us how secure the credit card is.Thanks
Soon you will be having your Token Generation Event (TGE).So where will your TGE take place?And when is it scheduled?Going by your token allocations you didn’t allocate any % to your TGE.So can you tell us the amount of $MAV that will be allocated for the event?Will users provide KYC to participate in your TGE?Please provide information as how users can participate in it . Thanks
You allocated 15% to treasury and governance.First can you tell us how you will distribute the 15% to the Treasury and governance?Which will receive less or will it be distributed equally?Can you give an overview of your treasury?What will the fund in the Treasury be used for?Will the funds from the Treasury be used for governance?So will your voting policy be “Hold” more $MAV before users participate in project voting or its open to all? Please explain Thanks
According to your roadmap, for Q4 of 2021 Maverick had planned to launch their Testnet, launch the Maverick DAO, and have a Token Generation Event. As we approach the end of the year, only your testnet has been launched. Will you still be completing the other two events? If so, would you give us more details about them? Do you have an exact date set? Also, as your testnet is live, can all users join, or is it restricted to only a certain group of users?
According to your tokenomics breakdown, you will allocate 20% to the Maverick Team, and 20% to strategic early supporters and adopters. This adds up to 40%, which is almost half of the total allocation (remembering that the total supply is 500M) it is truly a huge percentage, and more so when the recipient is so vague. How do we know it isn’t going to the same people? Will you be transparent about the identity of said early supporters and adopters? How will you prove yourself to be trustworthy?
You mentioned that Maverick’s ultimate goal is to be a decentralized platform owned by the community. Based on what I read, a decentralization roadmap is being built to move control over to the community gradually. From what moment will the transition of power to the community begin? When will the Maverick governance system be released? What will the ecosystem governance token be? Will a token whose exclusive function is governance be launched in the future?
Once Maverick is announcing that users can unlock access to new asset classes or have access to new forms of trading by trading anything does it mean that you plan to complete Maverick’s development by making it fully crosschained? If yes, please reveal potentional or already agreed chains to join Maverick. How will it be reflected in internal fees on trading? Can the users see them lower compared to similar projects?
For Maverick, being capital efficient means bringing innovative staking model which will enable more assets to be deployed without the restrictive requirements of traditional staking models. Are you planning to create investing pools with different allocation periods and amounts for staking? Will Maverick staking model also support multiple crypto coins? Being a new project in crypto, will it be possible to stake for lower periods to guarantee toekn price fluctuations both you as intermediare and for users to be able to see staked funds back?
As Maverick project is making its first steps as fully decetralized crosschained trading platform and the impossibility to access your white paper or see Maverick app live, could you share at least some picks on future application mentioning any specific features that could attract more users? Are you also planning to make the app available on mobile devices (IOS and Android)? Do you plan to add any trading basis video courses for beginners?
Your project has the ambitious mission of becoming a decentralized permissionless trading and staking of ANY asset pair, however it could be said that you currently have great competitors with much more experience, can you tell us what new tools Maverick brings to differentiate it from the big competitors? Do you plan to use systems with high levels of automation and artificial intelligence?
Maverick is a decentralized permissionless protocol that can allow any one to trade and stake any blockchain tracked asset pair. To effectively manage users LPs, your protocol will implement an Automatic Liquidity Replacement powered by a vAMM. Can you tell us more about this Automatic Liquidity Replacement and how the concept of vAMM works? How does it effectively partition LPs or concentrates stakers liquidity around a particular market price, thereby resulting in lesser risk of Impermanent Loss as well as low slippages? How does it enable liquidity providers to earn more fees reward for supplying LPs as well as reduce risks associated with this activity?
With maverick, traders can open long and short positions with up to 10x leverage without the lesser risks and higher stability even in the face of high market volatility. Can you explain how traders can launch perpetual market on any blockchain asset pair and how you establish the rules for leverage trading that can increased profit at a lower risk to their own holdings? How does your disintermediated liquidation protocol that functions act as a counterparty rather than the LPs themselves, thereby effecting automatic liquidation and assuming position to reclaim part of the users collateral? How will this automated process enhance asset stability and benefit traders?
You said you can guarantee better pricing and best mark price due to the utilisation of balanced blend of internal and external oracles. How are these oracles collectively deployed to realise a better asset price despite the variation that may exist between these oracle sources? How do you assign weights to extern and internal oracles, and which of the oracle carry the highest Weighted index for a particular market situation? How does this weighted oracles contribute contribute to high liquidity, low slippage, increased transaction fees and in what way will users benefit when transactions fees are increased?
Out of the 500,000,000 $MAV total supply, 20% of it has been pre-allocated to Maverick team while additional 5% is reserved for future team members. This means 25% of your token will be in the control of the team. However, I have not seen any allocation for public sales and investors. Does it mean that you will not be conducting a presale? How will users be able to buy and stake $MAV in order for them to enjoy the 36% of token supply that you have set aside as staking incentive? Why is the team controlling ¼ of the entire supply and how will these tokens be released? How many team members make up the team presently and how many more do you plan to engage?
What makes Maverick better than other similar projects, what is its distinguishing feature, Who can participate in its Mav Ambassador program and when will it be launched, assets must go through KYC to be admitted to its platform, what is limited access to its protocol and what are its expansion plans worldwide?
Liquidity providers how they benefit from Maverick, what are the attractions that they can enjoy in its protocol, what are the rules that Maverick establishes and that allow anyone to launch a perpetual market in any pair of assets with blockchain tracking, how can I operate in Maverick?
I read that you have planned to launch your most ambitious project in 2022, what can you tell us about this plan, how does the community help you build a better product and a brighter future, does the community participate in the construction of your tokens and distribution of funds?
Do you have plans to incorporate new tokens and stablecoins in your protocol, how can other projects get involved and receive the collaboration of Maverick, do you consider that blockchain is a necessity in decentralized finance, as Maverick plans to stay interesting and updated in the market?
According to one of your medium
article that Maverick Protocol is mostly benefited by Liquidity Provider,Traders and Token Projects so can you explain how does each of them benefited with your platform? What are the best features of your platform that you can offer to Liquidity Provider,Traders and Token Projects? Any advantages will it bring when Liquidity Provider,Traders and Token Projects will stick to your platform for a long run? As we know that some other existing platforms also has a good offer to Liquidity Provider,Traders and Token Projects ,so in what way that they can be more profittable and funds is more secure with in Maverick network? Thank you
Because they have decided to migrate their website to @IPFS, how can Maverick set new guidelines that are truly inclusive and promote the development of the financial system, according to their personal criteria, how they view DeFi in the long term, what changes should be made at present throughout the financial system in order to define latent needs for the future?
I learned that Maverick enables traders to open long or short positions with up to 10x buying power or leverage on any listed asset. So,why does your platform just offers the leverage until 10x only? Any advantages and risk behind this low leverage you are offering in Maverick? Do you plan to add more leverage position in Maverick trading in the future? How did you came up to offer only 10x leverage? Thank you
In trading, the option always comes in pair. Either a gain or a loss. Trading usually empties out funds for those who doesn’t have any knowledge in this firm. So how can you propose a solution for this type of problem faced by amateurs? Can you simply describe how trading works in Maverick and why should we choose to trade with Maverick when we can also do the same on other trading tools and platforms?
Maverick’s staking model is actually an innovative distinct feature that makes it outstand among other staking platforms. However, I’m curious, is this INNOVATIVE model of yours is relatively same to the traditional way of staking like how players known in the past? Do you apply PoS in this staking platform? Of all many staking platforms, why should we go for Maverick staking model? What features and efficiency can you offer to users that brings out uniqueness in terms of staking?
Upon doing my careful research about Maverick, one thing that I learned that caught my attention is that it is Community-driven. Most projects don’t value their own community which causes them a downfall in project. So how do you support and make your community feel valued from the support that they exert in your platform? Are you planning to establish a DAO since you claimed to be a community driven project? How does your community play an essential role in the welfare of your project?
Currently, Traders can trade with 10× leverage on Maverick Testnet. What are the other opportunities that you offer for traders those who trades on testnet? How many currencies are there available on Testnet version? Actually, 10× leverage is a small comparing to the binance exchange since the leverage of Binance exchange is 125× now. Will you increase the leverage after launching the Mainnet? What kind of tools have you integrated in testnet at the moment & What kind of tools, functions do you hope to integrate in Maverick mainnet in future? Will there be live price charts (Specially Candlestick charts), drawing tools & depth charts of currencies? When will you apply the Maverick price charts on trading view platform?
As you mentioned, The Maverick platform is a community driven platform which means ,community will control the assets within Maverick platform. Do community have the right to list & de-list an asset on or from the Maverick Platform? Is it not dangerous thing? Because the community might be manipulated & then Shitcoins will be listed on Maverick platform. However, will the community be possible to introduce new proposals & implement them in to action by Consensus like voting system? Should they own some $MAV tokens to participate in decision making? Please explain about the Community driven protocol & the governance in Maverick platform?
I am sometimes familiar with Staking protocols since it is easiest way to get a passive income with a considerable risk. So Can you tell me the uniqueness of Maverick Staking Protocol rather than other DeFi staking platforms? How about the risk appetite of your staking protocol? What are the APRs for staking currencies that you currently support? And please explain us about the reward mechanism & locking periods? By the way, Can we unstake our investment at any time that we want or will it be locked until a certain date?
Although some projects highlight that they are community driven, most of them are managed by their team members. I noticed that Maverick is also a community centered project. Can you explain your community driven approaches? I wish to know whether Maverick really gives the priority to the community. Further, what made you to select this model? From developing the project as community centered, what type of benefits does Maverick get? On the other hand, what kind of privileges do the community members have? Are there any requirements such as holding a particular amount of tokens to be considered a community member?
You have indicated that Maverick differs from traditional staking models. What are the drawbacks you have identified in traditional models? How do you differ from them? Do you offer better rewards for shorter time frames? Compared to staking on other platforms, what are the benefits of staking on Maverick? Please deeply explain about your staking procedure including information such as staking tiers, distribution of rewards, minimum and maximum limits, and unstaking policies.
You have indicated that Maverick gives “unrestricted access” to any asset. I could not understand what do you mean by this. Do you mean that other platforms restrict the access to some assets? Then what have you done to give unrestricted access? Please deeply explain this feature of “unrestricted access”.