{"id":15700,"date":"2021-12-02T20:27:16","date_gmt":"2021-12-02T17:27:16","guid":{"rendered":"https:\/\/esatoshi.club\/?p=15700"},"modified":"2021-12-02T20:29:47","modified_gmt":"2021-12-02T17:29:47","slug":"maverick-x-satoshi-club-ama-recap-from-2-of-december","status":"publish","type":"post","link":"https:\/\/satoshi-club.esipick.com\/index.php\/2021\/12\/02\/maverick-x-satoshi-club-ama-recap-from-2-of-december\/","title":{"rendered":"Maverick Protocol x Satoshi Club AMA Recap from 2nd of December"},"content":{"rendered":"\n<p><\/p>\n\n\n\n<p>Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Maverick Protocol and our guest was @aintheair. The AMA took place on 2 December.<\/p>\n\n\n\n<p>The\nAMA session was divided into 3 parts with a total crypto reward pool of 500$ <\/p>\n\n\n\n<p>In\nthis AMA Recap, we will try to summarise the most interesting points for you.<\/p>\n\n\n\n<h2><strong>Part\n1 \u2014 introduction and questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> We are with you again, our dear\nSatoshi Clubbers! We are pleased to announce AMA with Maverick.<\/p>\n\n\n\n<p>Today our guest is @aintheair<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Hello @aintheair\nwelcome to Satoshi club&#x1f44f;<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nHi guys, excited to be here!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Hello and welcome to Satoshi Club,\n@aintheair &#x1f435;<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> We are Glad to have\nyou here&#8230;.<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nThank you<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Btw you have really amazing ava &#x1f435;&#x1f60d;<\/p>\n\n\n\n<p>How are you doing today&#x1f60a;<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Oh yeah that&#8217;s true..<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nFeeling pumped to chat with you guys!<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Let&#8217;s start! Introduce yourself\nplease. How did you get to be involved in crypto &amp; Maverick<\/p>\n\n\n\n<p>Tell us please about\nyour position in&nbsp; Maverick<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nI\u2019m a veteran product lead who\u2019s been in crypto since 2018. Launched many core\ncrypto products such as swap, crypto lending, interest bearing, crypto debit\ncard, Bitcoin on-ramping \/ off-ramping and single sided AMM. <\/p>\n\n\n\n<p>I\u2019m the community lead\nof Maverick Protocol. <\/p>\n\n\n\n<p>The Maverick\ndevelopment team brings together creative experts in the cryptocurrency space.\nBetween them, they have built many original infrastructures for cryptocurrency:\nSwap aggregator, Ethereum layer2, PoS public blockchain, DEX, decentralized\nstorage networks, crypto lending, a crypto debit card, and quantitative digital\nasset investment. Members and advisors of the team have worked at leading\ncompanies such as MetaMask, TRON, BitTorrent, Abra, TrueFi, Paxful, and Georgia\nTech University.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> this is a great background&#x1f44d;&#x1f44d;&#x1f44d;<\/p>\n\n\n\n<p>Give us a brief\nintroduction to the project. What is the essence of Maverick<\/p>\n\n\n\n<p>Tell us about the\nbenefits of Maverick. How is it different from others?<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nMaverick is a free listing derivatives protocol that allows users to deploy a\nperpetual market for any asset using any erc20 token as collateral. Put simply,\na \u201cUniswap for derivatives.&#8221;<\/p>\n\n\n\n<p>Maverick establishes\nrules that allow anyone to launch a perpetual market on any blockchain-tracked\nasset pair, with up to 10x buying power for traders and without many of the\nrisks or costs associated with centralized intermediaries.<\/p>\n\n\n\n<p>Why Maverick is\ndifferent?<\/p>\n\n\n\n<p>&#8211; Greater Trading\nVolume in Permissionless Listing Pools<\/p>\n\n\n\n<p>Maverick grants anyone\nan ability to deploy a perpetual market for any asset with a price feed. Users\ncan list any on- or off-chain assets, and markets form around LPs and traders.\nCurrent exchanges restrict the types of tokens that can be used as collateral.\nMaverick is unique in permitting the use of any ERC20 token to back a trader&#8217;s\nposition. This flexibility can unlock over 1 trillion in volume to flow into\nthe derivatives market and enable new use cases for existing token ecosystems.<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\n&#8211; Lower Slippage, More Staking Income through Automated Liquidity Placement\n(ALP) virtual Automated Market Maker (vAMM)<\/p>\n\n\n\n<p>A goal of any exchange\nis to have the most efficient price discovery. Many derivative solutions use a\ncentral limit order book or a constant product Automated Market Maker (AMM) to\nenable users to trade. While these models are functional, they require high\nvolume to be efficient. Maverick introduces a new Gaussian Automated Liquidity\nPlacement (ALP) virtual Automated Market Maker (vAMM) that uses oracles to\nplace the liquidity around the market price of an asset. Since Maverick\nconstantly shifts an LP\u2019s liquidity, there is low slippage for traders and more\nlucrative fees for LPs\u2014all without creating extra work for LPs.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> You decided to capture an\ninteresting segment of the crypto market. &#x1f60a;<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\n&#8211; Better Pricing thanks to Oracles<\/p>\n\n\n\n<p>To find the best mark\nprice, Maverick utilizes both internal and external oracles. In shallow markets\nor markets with less activity, external oracles are useful in keeping pools\naligned with the spot index price. As they generate more volume, each pool may\nbecome self-sufficient and rely more on internal oracles. To this end, Maverick\nassigns weights to the external and internal oracle based on volume: the higher\nthe trading volume, the higher the weight for the internal oracle. As part of\nthe ALP vAMM, these weighted oracles encourage high liquidity, low slippage,\nand increased transaction fees.<\/p>\n\n\n\n<p>&#8211; Stronger Security\nfrom Isolated Insurance Funds<\/p>\n\n\n\n<p>To mitigate risk\nassociated with volatile assets that may be deployed on Maverick, each pool\nwill have an isolated insurance fund to prevent a bankrupt pool from depleting\nthe funds of another. This effectively isolates asset risk from becoming\nplatform risk, making trading via Maverick safer for all users.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Wao that&#8217;s very\ndetailed<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nYes, the permissionless derivatives market is huge, projected to be several\ntimes larger than the current permissionless spot trading market, for example,\nuniswap.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Great explainaition&#x1f44f;&#x1f44f;&#x1f44f;<\/p>\n\n\n\n<p>Also we would like to\nknow more about your team. Who is on the project team core?<\/p>\n\n\n\n<p><strong>aintheair:<\/strong> <\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"866\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-12-02_20-58-50-1024x866.jpg\" alt=\"\" class=\"wp-image-15706\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-12-02_20-58-50-1024x866.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-12-02_20-58-50-300x254.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-12-02_20-58-50-768x649.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-12-02_20-58-50.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Will disclose more\ninformation on the team in the near future, however, this is a list of their\nbackgrounds.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> &#x1f525;&#x1f525;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Amazing list of companies. we will\nlook forward to the information.<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nProud to work with the team of Maverick.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thanks for great introduction, we\nwill have several questions selected for the Part 1. Ready to start?<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nLet\u2019s do this.<\/p>\n\n\n\n<p><strong><em>Q1 From Telegram user\n@Billz120<\/em><\/strong><\/p>\n\n\n\n<p><strong>MAVERICK\n\u2013 On your Staking Model, I understand stakers earn incentives to ensure assets\nare available on Marvrick and stakers guarantee that assets on Marvrick\nmaintain the same values as the original assets being tracked. My question in\nview of the above is, how is the incentives being earned by stakers determined?\nIs it on pro rata basis or what? How do stakers guarantee that assets on\nMarvrick maintain the same values as the original assets being tracked?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nGreat question &#8211; just like any perpetual future market out there, the mark\nprice is different than index price. Althought we use oracles like Chainlink,\nBand, and Uniswap, the asset prices could always derive from the index price.\nIn this case, the trader is subject to funding rate payment every hour, which\nis universal to all perp markets.<\/p>\n\n\n\n<p>For staker, incomes are\nfrom:<\/p>\n\n\n\n<p>&#8211; Trading fees (it\u2019s\nsizable since now trader can trade on up to 10x leverage, hence the trading fee\nis up to 10x)<\/p>\n\n\n\n<p>&#8211; Funding rate payment\nfrom traders<\/p>\n\n\n\n<p>&#8211; Protocol incentives\nin MAV token<\/p>\n\n\n\n<p>And it is pro rata\nbased aka it depends on your % of the pool.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Can you explain more\non how you distribute the funding rate payment to stakers?<\/p>\n\n\n\n<p>And BTW what is this\nfunding rate payment that traders pay?<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nIt is (mark price &#8211; index price)\/24<\/p>\n\n\n\n<p>it\u2019s due by every hour<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thanks for your great answers<\/p>\n\n\n\n<p>Do you want to add\nsomething? Or can we proceed to the next question?<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nLet\u2019s proceed to the next one.<\/p>\n\n\n\n<p><strong><em>Q2 From Telegram User\n@Jmagsss<\/em><\/strong><\/p>\n\n\n\n<p><strong>To\noptimize problem with volume trades, Maverick Protocol will be deploying its\nnew feature called \u201cGaussian Automated Liquidity Placement\u201d or ALP. Can you\nplease explain to us thoroughly how does this features works behind the scenes?\nHow is this feature unique and different from other volume optimizer features?\nAlso, how is this feature related to your use of oracles and the amount of\npossible slippage on each trades?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nTo answer this question, we need to know the pain points of current solutions\nsuch as uniswap V2 and V3:<\/p>\n\n\n\n<p>Uniswap V2:<\/p>\n\n\n\n<p>&#8211; High slippage to\ntraders<\/p>\n\n\n\n<p>&#8211; High impermenent loss\nto stakers<\/p>\n\n\n\n<p>&#8211; Great opportunity to\narbitrageurs (either humans or bots), not fair or attractive to liquidity\nproviders (LPs)&#8211;the individuals who have staked tokens into the pool to\nfacilitate trading. As passive stakeholders in the pool, they find themselves\nimplicitly agreeing to trade with arbitrageurs at prices higher than the market\nprice, losing the opportunity to profit themselves.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> these problems really exist today<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nUniswap V3:<\/p>\n\n\n\n<p>Uniswap V3 set out to\nsolve the slippage problem by introducing concentrated liquidity. While this is\ndefinitely good news for traders, Uniswap V3 also created more work for LPs,\nwho need to reallocate their liquidity constantly so as to track the current swap\nprice. If not, they risk losing out on fees while still incurring impermanent\nloss. In a sense, V3 created a meta zero-sum game for the LPs that they have to\nplay well in order to earn fees. Ideally this game creates thicker and more\nfunctional markets, but it does so by pitting LPs against each other in a race\nto concentrate their liquidity more efficiently than each other.<\/p>\n\n\n\n<p>Some of the popular\npairs, such as MKR \/ USD or Compound \/ USD, shallow liquidity around the market\nprice means traders have to accept the potential for massive slippage in their\nswap price or forgo the opportunity to trade on this pair altogether. The\nmisallocated liquidity disincentivizes trading, and therefore limits yield\nfarming opportunities for LPs.<\/p>\n\n\n\n<p>The Maverick Gaussian\nALP mechanism solves all of these problems. With Automated Liquidity Placement,\nthere is no need to have LPs play a game against each other, saving them the\ntrouble of a useless competition for fees. Instead, as a result of our design\ntraders benefit from less slippage and LPs benefit from less impermanent loss\nand less active liquidity management overhead.<\/p>\n\n\n\n<p>Maverick reimagines\nliquidity concentration by building in rebalancing to every pool from the\nbeginning, eliminating the requirement that LPs constantly reallocate their own\nliquidity. Maverick does this through a combination of two mechanisms:<\/p>\n\n\n\n<p>&#8211; An on-chain oracle\nthat tracks the market price of assets<\/p>\n\n\n\n<p>&#8211; A liquidity\ndistribution curve that continuously shifts with the oracle price<\/p>\n\n\n\n<p>Maverick makes use of\nweighted oracles to determine the price of assets on the protocol. An oracle is\nessentially a stream of data that is constantly fed into Maverick\u2019s virtual\nAMM. The Maverick AMM uses a combination of external oracles that track the\nprice of assets on external markets, and internal oracles that follow the price\nin the Maverick pool. These oracles are assigned a weight based on the current\nliquidity in a given pool: in pools with lower liquidity, the external oracle\nis given more weight, so as to keep the pool close to the market price and\nlimit impermanent loss for LPs; in pools with higher liquidity, the internal\noracle is given more weight so as to keep trading volume high.<\/p>\n\n\n\n<p>The Maverick ALP\nmechanism constantly shifts liquidity in each pool to follow the price set by\nthe oracles. In addition to limiting impermanent loss, this ensures that there\nwill always be a broad base of support around the oracle price, meaning lower\nslippage for traders. If we think back to our Uniswap V3 graph, this is\nequivalent to the AMM automatically moving the constant slope portion of the\nprice curve so that it tracks the oracle price. This benefits both LPs and\ntraders, since the constant slope represents a zone of low-to-zero slippage.<\/p>\n\n\n\n<p>A brief conclusion:\nWith these built-in liquidity-adjusting dynamics, Maverick offers traders and\nLPs better performance in terms of both slippage and impermanent loss. The\nGaussian ALP in Maverick\u2019s virtual AMM smartly reallocates liquidity to ensure\nbetter price support without the need for direct management by LPs. This\neffectively eliminates the role of arbitrage on Maverick, in favor of automatic\npool management that more directly benefits LPs.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Wow! This answer looks more like a\ndoctoral dissertation&#x1f601;<\/p>\n\n\n\n<p>Great detailed answer &#x1f44d;<\/p>\n\n\n\n<p>Thanks for that.<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nThank you. With a more in detail white paper coming out regarding our ALP\nmodel. Please stay in tuned.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> by the way, you are such an\nambitious project. share your roadmap with us please<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\n&#8211; Q1, 2021: UX \/ UI \/ branding ideation, start building Maverick<\/p>\n\n\n\n<p>&#8211; Q2, 2021: 1 million\nseed round investment led by one of the largest market makers in the world (to\nbe disclosed in future PR release)<\/p>\n\n\n\n<p>&#8211; Q3, 2021: Testnet\nlaunch &#8211; join our telegram group to gain access now <a href=\"https:\/\/t.me\/joinmaverick\">https:\/\/t.me\/joinmaverick<\/a> <\/p>\n\n\n\n<p>&#8211; Q4,2021: Maverick DAO\nlaunch, Token Generation Event<\/p>\n\n\n\n<p>&#8211; Q1, 2022: <\/p>\n\n\n\n<p>Solana integration<\/p>\n\n\n\n<p>Cross margin feature &#8211;\nbetween pairs with similar quote token<\/p>\n\n\n\n<p>Partnership with token\nprojects<\/p>\n\n\n\n<p>Everlasting Options &#8211;\nability to enter into positions at different strikes<\/p>\n\n\n\n<p>&nbsp;&#8211; Q2, 2022: Decentralization Efforts &#8211;\ntransition the development of mav to the community<\/p>\n\n\n\n<p><strong><em>Q3 From Telegram Users\n@iceVermithraxx<\/em><\/strong><\/p>\n\n\n\n<p><strong>According\nto Your medium, You mentioned that Risky assets can be deployed on Maverick,\nhence Maverick introduced the \u201cIsolated Insurance Fund\u201d to prevent assets risk\nfrom becoming Platform Risk. Understanding what risky assets mean, Can you\nexplain on your Isolated Insurance Fund, how does Isolated insurance Fund works\nto reduce risk for investors and traders? What are other security protocols put\nin place to ensure safety of investors and traders funds?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nIn the event such as the staked asset in the pool is not enough to cover the\nwinning side of the trader (i.e. someone with a massive gain + 10x leverage),\nthe insurance fund of the pool will kick in to act as a backstop liquidity\nprovider, and provide fund for the winner trader.<\/p>\n\n\n\n<p>If the insurance fund\nis not even enough for some of the highly volatile asset:<\/p>\n\n\n\n<p>In the event the\nutilization rate of the staked pool hits the deleverage utilization(125%), a\nliquidator is able to trigger a deleveraging mechanism which closes out 20% of\nthe positions to get the pool back to max utilization(100%). They are awarded\nMAV and a portion of the deleveraged position paid for by liquidity providers.<\/p>\n\n\n\n<p>Insurance funds are\nbeing generated by part of the trading fees + part of the historical margins of\ntrader liquidations.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Is there a fixed\npercentage of these fees that goes to the insurance fund?<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nTo be annouced very soon:)<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club: <\/strong>It&#8217;s really important that you take\ncare of your clients. but tell me please, did you take care of the audit? how\nsafe is it to work with Maverick<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\n&#8211;&nbsp; We have ongoing security audit with\nblue chip security auditing firms, the goal is to have 2-3 audit reports before\nthe launch of the main net<\/p>\n\n\n\n<p>&#8211; Since we use TWAP\n(Time-weighted average price), flash loan attacks don\u2019t apply to Maverick,\nbecause it has to be at least 2 blocks to manipulate the price.<\/p>\n\n\n\n<p>&#8211; Our team comes from a\ncybersecurity background, including battle tested smart contract engineers with\nhigh code coverage<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Great Job..<\/p>\n\n\n\n<p><strong><em>Q4 from Telegram User\n@ProwGrowl<\/em><\/strong><\/p>\n\n\n\n<p><strong>As\nMaverick project is making its first steps as fully decetralized crosschained\ntrading platform and the impossibility to access your white paper or see\nMaverick app live, could you share at least some picks on future application\nmentioning any specific features that could attract more users? Are you also\nplanning to make the app available on mobile devices (IOS and Android)? Do you\nplan to add any trading basis video courses for beginners?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong> Maverick\u2019s plan is web app only at the moment, will explore more on the mobile app in the near future. Our lite paper: <a href=\"https:\/\/medium.com\/maverick-protocol\/about\">https:\/\/medium.com\/maverick-protocol\/about<\/a><\/p>\n\n\n\n<p>&#8211; Our app is fully\ndecentralized and hosted by IPFS, hence we won\u2019t be influenced by centralized\nservices such as amazon AWS. <\/p>\n\n\n\n<p>&#8211; Unlike other\nperpectual futures trading platfrom, we aim to lower the entry barrier for\nusers who\u2019ve never used DeFi or derivatives. We are not overwhelming users with\na bunch of information, instead, only show essential information.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Do you plan to add any trading\nbasis video courses for beginners?\u200c\u200c (\u0441)<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nTutorials:<\/p>\n\n\n\n<p>How to trade: <a href=\"https:\/\/twitter.com\/mavprotocol\/status\/1465008001346154507?s=20\">https:\/\/twitter.com\/mavprotocol\/status\/1465008001346154507?s=20<\/a>&nbsp; <\/p>\n\n\n\n<p>How to stale: <a href=\"https:\/\/twitter.com\/mavprotocol\/status\/1465482244093587457?s=20\">https:\/\/twitter.com\/mavprotocol\/status\/1465482244093587457?s=20<\/a>\n<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Oh thanks<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Great this will be\nhelpful for Traders wanting to use your platform<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> @aintheair which feature of this\napp are you personally most proud of?<\/p>\n\n\n\n<p><strong>Aintheair:\n<\/strong>If\nwe go geeky, it would be deploying a new pool on Maverick: The gas cost of\ndeploying a new pool is constantly being optimized and it costs only around $70\non ethereum and cents on Polygon. This is fundamental for users \/ projects to\nconstantly deploy pools.<\/p>\n\n\n\n<p><strong><em>Q5 from Telegram User\n@Pavel_Jarosh<\/em><\/strong><\/p>\n\n\n\n<p><strong>Once\nMaverick is announcing that users can unlock access to new asset classes or\nhave access to new forms of trading by trading anything does it mean that you\nplan to complete Maverick\u2019s development by making it fully crosschained? If\nyes, please reveal potentional or already agreed chains to join Maverick. How\nwill it be reflected in internal fees on trading? Can the users see them lower\ncompared to similar projects?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nCross chain is an interesting topic which we can talk about for hours. However,\nessentially, we are still exploring truly trustable cross chain solutions\nwithout diluting much of our potential liquidities. So the short anser is we\nwill launch first then introduct new chain supports. We have 3 chain\npartnerships at the moment.<\/p>\n\n\n\n<p>&nbsp;\u201cUsers can unlock access to new asset classes\nor have access to new forms of trading by trading anything\u201d this means users\ncan use any erc20 token with price feed as collatoral to trade popular asset\nclasses like cryptocurrencies \/ commedities \/ etc with up to 10x buying power.<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Can you tell us these 3 partnerships\nnow?<\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nTo be disclosed, please stay in tuned:<\/p>\n\n\n\n<p>&#x1f449;Follow our\nTwitter for latest project updates: <a href=\"https:\/\/twitter.com\/mavprotocol\">https:\/\/twitter.com\/mavprotocol<\/a>\n<\/p>\n\n\n\n<p>&#x1f4bb; Discord: <a href=\"https:\/\/discord.com\/invite\/4wBBa7rQSj\">https:\/\/discord.com\/invite\/4wBBa7rQSj<\/a>\n<\/p>\n\n\n\n<p>&#x1f310; Official\nWebsite: <a href=\"https:\/\/www.mav.xyz\/\">https:\/\/www.mav.xyz\/<\/a> &nbsp;&nbsp;<\/p>\n\n\n\n<p>&#x1f509; Official TG\nNews Channel: <a href=\"https:\/\/t.me\/maverickprotocol\">https:\/\/t.me\/maverickprotocol<\/a>\n&nbsp;<\/p>\n\n\n\n<p>&#x1f4da; Medium: <a href=\"https:\/\/medium.com\/maverick-protocol\">https:\/\/medium.com\/maverick-protocol<\/a>\n&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong>Gold\nRocket | Satoshi Club:<\/strong> Thanks for sharing&#x1f60a;<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Satoshiclubers these\nare very important links<\/p>\n\n\n\n<p><strong><em>Q6 from Telegram User\n@Orlemys<\/em><\/strong><\/p>\n\n\n\n<p><strong>According\nto your tokenomics breakdown, you will allocate 20% to the Maverick Team, and\n20% to strategic early supporters and adopters. This adds up to 40%, which is\nalmost half of the total allocation (remembering that the total supply is 500M)\nit is truly a huge percentage, and more so when the recipient is so vague. How\ndo we know it isn\u2019t going to the same people? Will you be transparent about the\nidentity of said early supporters and adopters? How will you prove yourself to\nbe trustworthy?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nYes, we will be fully transparent about who\u2019s investing and public sale\ninformation. More to come.<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Can you at this point\nshare your Tokenomics with us?<\/p>\n\n\n\n<p><strong>aintheair:<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" width=\"1024\" height=\"580\" src=\"https:\/\/esatoshi.club\/wp-content\/uploads\/photo_2021-12-02_23-09-46-1024x580.jpg\" alt=\"\" class=\"wp-image-15705\" srcset=\"https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-12-02_23-09-46-1024x580.jpg 1024w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-12-02_23-09-46-300x170.jpg 300w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-12-02_23-09-46-768x435.jpg 768w, https:\/\/satoshi-club.esipick.com\/wp-content\/uploads\/photo_2021-12-02_23-09-46.jpg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>Here<\/p>\n\n\n\n<p><strong>Jonah\n&#x1f3c5;&#x1f3b9; | Satoshi Club:<\/strong> Thank you for\nsharing.. and for your Great answers as well<\/p>\n\n\n\n<h2><strong>Part\n2 \u2014 live questions from the Telegram community<\/strong><\/h2>\n\n\n\n<p><strong><em>Q1. from telegram\nusername @Orlemys<\/em><\/strong><\/p>\n\n\n\n<p><strong>I\nread that you will have a Token Generation Event, when will it happen? Can we\nstill be a part of it?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nTimeline is to be decided, somewhere end of this year or early 2022.<\/p>\n\n\n\n<p><strong><em>Q2. from telegram\nusername @Asela1112<\/em><\/strong><\/p>\n\n\n\n<p>&nbsp;<strong>Currently,\nTraders can trade with 10\u00d7 leverage on Maverick Testnet. What are the other\nopportunities that you offer for traders those who trades on testnet?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nWe will release a trading competition on testnet soon, stay in tuned:<\/p>\n\n\n\n<p>&#x1f449;Follow our\nTwitter for latest project updates: <a href=\"https:\/\/twitter.com\/mavprotocol\">https:\/\/twitter.com\/mavprotocol<\/a>\n<\/p>\n\n\n\n<p>&#x1f4bb; Discord: <a href=\"https:\/\/discord.com\/invite\/4wBBa7rQSj\">https:\/\/discord.com\/invite\/4wBBa7rQSj<\/a>\n<\/p>\n\n\n\n<p>&#x1f310; Official\nWebsite: <a href=\"https:\/\/www.mav.xyz\/\">https:\/\/www.mav.xyz\/<\/a> &nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p>&#x1f509; Official TG\nNews Channel: <a href=\"https:\/\/t.me\/maverickprotocol\">https:\/\/t.me\/maverickprotocol<\/a>\n&nbsp;<\/p>\n\n\n\n<p>&#x1f4da; Medium: <a href=\"https:\/\/medium.com\/maverick-protocol\">https:\/\/medium.com\/maverick-protocol<\/a>&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<\/p>\n\n\n\n<p><strong><em>Q3. from telegram\nusername @Rakshhitx5<\/em><\/strong><\/p>\n\n\n\n<p><strong>What\nwill be the highest APY that Maverick will offer on Staking?<\/strong><\/p>\n\n\n\n<p><strong>@aintheair<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nThis is solely depending on the token price \/ pool ultilization, but with MAV\u2019s\nprotocol incentive, we believe the incentive is going to be quite attactive.<\/p>\n\n\n\n<p><strong><em>Q4. from telegram\nusername @Gemshunter22<\/em><\/strong><\/p>\n\n\n\n<p><strong>Do\nyou have any YouTube channel for tutorial or guide regarding your platforms?\nHow can I trade and how to stale??<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\n<\/p>\n\n\n\n<p>Our YouTube channel <a href=\"https:\/\/www.youtube.com\/channel\/UCtYf0aKUTV0RYPcxoRsWiQQ\">https:\/\/www.youtube.com\/channel\/UCtYf0aKUTV0RYPcxoRsWiQQ<\/a><\/p>\n\n\n\n<p><strong><em>Q5. from telegram\nusername @Asela1112<\/em><\/strong><\/p>\n\n\n\n<p><strong>Hello&#x1f64b;&#x200d;&#x2642;&#xfe0f;<\/strong><\/p>\n\n\n\n<p><strong>@aintheair\n<\/strong><\/p>\n\n\n\n<p><strong>Do\ncommunity have the right to list &amp; de-list an asset on or from the Maverick\nPlatform? Is it not dangerous thing?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nYes, and this will be through our DAO<\/p>\n\n\n\n<p><strong><em>Q6. from telegram\nusername @SHELBYWINAMA<\/em><\/strong><\/p>\n\n\n\n<p><strong>Maybe\nall users know that one of the keys to the progress of a project is the\nexistence of a community that always works hard, so does the MAVERICK project\nhave a community that always works hard to support the progress of the MAVERICK\nproject? And how does the community work on the MAVERICK project? and what are\nthe benefits that MAVERICK gives to the community?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nYou are absolutely right. A healthy, active and engaged community is always our\nbackbone. <\/p>\n\n\n\n<p>We are growing our\ncommunity worldwide now. If you are interested to become a Maverick ambassador:\n<a href=\"https:\/\/t.co\/UvClTds31H\">https:\/\/t.co\/UvClTds31H<\/a> &nbsp;<\/p>\n\n\n\n<p>Meanwhile, join us on\ntelegram and the socials here:<\/p>\n\n\n\n<p>Website (<a href=\"https:\/\/www.mav.xyz\/\">https:\/\/www.mav.xyz\/<\/a> ) | Twitter (<a href=\"https:\/\/twitter.com\/mavprotocol\">https:\/\/twitter.com\/mavprotocol<\/a> ) |\nTelegram (<a href=\"https:\/\/t.me\/joinmaverick\">https:\/\/t.me\/joinmaverick<\/a> ) |\nAnnouncement Channel (<a href=\"https:\/\/t.me\/maverickprotocol\">https:\/\/t.me\/maverickprotocol<\/a>\n) |Discord (<a href=\"http:\/\/discord.gg\/dVvnmtwdRJ\">http:\/\/discord.gg\/dVvnmtwdRJ<\/a>\n) |Medium (<a href=\"https:\/\/medium.com\/maverick-protocol\">https:\/\/medium.com\/maverick-protocol<\/a>\n) |Youtube (<a href=\"https:\/\/www.youtube.com\/channel\/UCtYf0aKUTV0RYPcxoRsWiQQ\">https:\/\/www.youtube.com\/channel\/UCtYf0aKUTV0RYPcxoRsWiQQ<\/a>\n)<\/p>\n\n\n\n<p><strong><em>Q7. from telegram\nusername @nonerlike<\/em><\/strong><\/p>\n\n\n\n<p><strong>Are\nthere any governance system in your project? If yes how can we participate and\nwhat are the tokens allocated?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nOur DAO is going to be released very soon, please stay in tuned.<\/p>\n\n\n\n<p><strong><em>Q8. from telegram\nusername @KevSalom<\/em><\/strong><\/p>\n\n\n\n<p><strong>&#x2747;<\/strong><strong>&#xfe0f;\nI read that Maverick will use ERC20 tokens to back a trader&#8217;s margin position,\nbut at some point will they integrate with new chains to use other assets as\nmargin?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nDefinitely, we do plan to integrate with other major chains at the moment, more\ninformation to come regarding our chain support<\/p>\n\n\n\n<p><strong><em>Q9. from telegram\nusername @Pavel_Jarosh<\/em><\/strong><\/p>\n\n\n\n<p><strong>Are\nyou planning to create investing pools with different allocation periods and\namounts for staking? Will Maverick staking model also support multiple crypto\ncoins? Being a new project in crypto, will it be possible to stake for lower\nperiods to guarantee toekn price fluctuations both you as intermediare and for\nusers to be able to see staked funds back?<\/strong><\/p>\n\n\n\n<p><strong>aintheair:<\/strong>\nMAV rewards allocations will be different in trusted pools \/ popular assets\npools VS. other pools. The exactly allocation will be decided by DAO in the\nfuture.<\/p>\n\n\n\n<h2><strong>Part 3 \u2013 Quiz Results<\/strong><strong><em><\/em><\/strong><\/h2>\n\n\n\n<p>As usual, for the third\npart, Satoshi Club Team asked the chat 4 questions about the crypto project. A\nlink to a Quiz form was sent into the chat.<\/p>\n\n\n\n<p><strong>For\nmore information and future AMAs, join our Social Media channels:<\/strong><\/p>\n\n\n\n<p>English Telegram group: <a href=\"https:\/\/t.me\/Satoshi_club\/\">https:\/\/t.me\/Satoshi_club\/<\/a> <\/p>\n\n\n\n<p>Russian Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_ru\/\">https:\/\/t.me\/satoshi_club_ru\/<\/a> <\/p>\n\n\n\n<p>Spanish Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_spanish\/\">https:\/\/t.me\/satoshi_club_spanish\/<\/a> <\/p>\n\n\n\n<p>Chinese Telegram group: <a href=\"https:\/\/t.me\/satoshi_club_cn\/\">https:\/\/t.me\/satoshi_club_cn\/<\/a> <\/p>\n\n\n\n<p>Indonesian Telegram\ngroup: <a href=\"https:\/\/t.me\/satoshi_club_indonesia\/\">https:\/\/t.me\/satoshi_club_indonesia\/<\/a> <\/p>\n\n\n\n<p>Telegram Channel: <a href=\"https:\/\/t.me\/satoshi_club_channel\/\">https:\/\/t.me\/satoshi_club_channel\/<\/a> <\/p>\n\n\n\n<p>Twitter: <a href=\"https:\/\/twitter.com\/realsatoshiclub\/\">https:\/\/twitter.com\/realsatoshiclub\/<\/a> <\/p>\n\n\n\n<p>Website: <a href=\"https:\/\/esatoshi.club\/\">https:\/\/esatoshi.club\/<\/a><\/p>\n\n\n\n<p><strong>Our\npartners:<\/strong><\/p>\n\n\n\n<p>Telegram:\n<a href=\"https:\/\/t.me\/joinmaverick\">https:\/\/t.me\/joinmaverick<\/a>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <\/p>\n\n\n\n<p>Twitter:\n<a href=\"https:\/\/twitter.com\/mavprotocol\">https:\/\/twitter.com\/mavprotocol<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hello, Satoshi clubbers! Another AMA took place in Satoshi Club and we would like to introduce to you the AMA session with our friends from Maverick Protocol and our guest was @aintheair. The AMA took place on 2 December. The AMA session was divided into 3 parts with a total crypto reward pool of 500$ [&hellip;]<\/p>\n","protected":false},"author":66,"featured_media":15585,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"_links":{"self":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/15700"}],"collection":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/users\/66"}],"replies":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/comments?post=15700"}],"version-history":[{"count":4,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/15700\/revisions"}],"predecessor-version":[{"id":15710,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/posts\/15700\/revisions\/15710"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media\/15585"}],"wp:attachment":[{"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/media?parent=15700"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/categories?post=15700"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/satoshi-club.esipick.com\/index.php\/wp-json\/wp\/v2\/tags?post=15700"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}