The decentralized derivatives protocol Maverick Protocol will launch on the Ethereum mainnet on March 8

ChainCatcher news, the decentralized derivatives protocol Maverick Protocol announced in a blog post that it will launch version 1.0 on the Ethereum mainnet at 22:00 on March 8.

It is reported that Maverick will allocate 100% of the trading fees back to the liquidity providers' liquidity positions, and it will automatically compound. The features of Maverick AMM include customizable LP allocation (LPs no longer need to stake their liquidity within a unified price range), automatic concentrated liquidity fee compounding, and higher capital efficiency. Maverick Protocol completed a $8 million funding round in February 2022, led by Pantera Capital. (source link)