Binance and Coinbase support has always had an important place in the world of cryptocurrencies. Supported projects gain significant value. They also attract significant investors. Now there is such a development.
Investing in crypto money project
Maverick Protocol, the leading decentralized finance (DeFi) infrastructure provider, has received significant support. Accordingly, under the leadership of Peter Thiel, Founders Fund managed to raise $9 million in funding from well-known industry players such as Pantera Capital, Binance Labs, Coinbase Ventures and Apollo Crypto. This significant investment aims to further support Maverick’s mission to increase liquidity and efficiency in the DeFi market. It should also be noted that the cryptocurrency MAV is currently on Binance Launchpad.
With the newly raised capital, Maverick Protocol aims to advance the development of a streamlined liquid staking token infrastructure. It also aims to address the current challenges related to cross-chain liquidity. By doing this, the company is focusing on revolutionizing the DeFi space. It also strives to offer improved market efficiency.
Positive case for Maverick
The rise in popularity of liquid staking protocols and the expected growth of the cryptocurrency Ethereum’s Shanghai upgrade are creating a positive environment for the Maverick Protocol. The company has a total locked value (TVL) of over $30 million so far. Accordingly, it is moving forward with determination to provide the basic infrastructure that increases efficiency in DeFi markets.
Maverick Protocol recently introduced smart contract-based automated market makers (AMMs), a decentralized exchange (DEX) running on the cryptocurrency Ethereum network. This innovative solution empowers investors by automating token allocation. On the other hand, it helps them optimize their revenue generation processes. It has also expanded its ecosystem by establishing integrations with leading liquid staking projects such as Lido, Frax, Liquity, cbETH, Rocket Pool and Swell. As a result of this development, Maverick has strengthened its position in the market.
concerns
There are ongoing concerns about the stability of centralized exchanges. This causes decentralized trading platforms to gain significant popularity among investors. There are events like the collapse of FTX and the regulatory challenges Coinbase and Binance have faced recently. All this highlights the risks associated with centralized platforms. For this reason, investors are increasingly turning to platforms independent of the fortunes or misfortunes of large corporations.
Although there are concerns, the cryptocurrency space continues to grow. In addition, we come across new projects every day. cryptocoin.com As we mentioned, the field has not even reached adolescence yet. However, let’s say that the growth is extremely stable.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and Instagramfollow on. Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your own research and due diligence before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.