Announcing the Third Maverick Protocol Testnet Reward Program

Maverick Protocol
Maverick Protocol
Published in
4 min readSep 14, 2022

During Maverick’s second testnet phase, we received overwhelming support from our community, with thousands of feedback forms submitted and dozens of high quality user interviews conducted.

Innovation is key to Maverick’s brand: we identify and adapt quickly to challenges, and produce creative solutions that answer our community’s needs. In the spirit of innovation, we’ve pivoted in several ways since our last testnet.

First, team Maverick redesigned Maverick AMM to add two new features to our already groundbreaking liquidity shifting technology:

  1. Directional LPing that allows LPs to pick a price direction and earn excess returns if they picked correctly;
  2. Concentrated liquidity with customized liquidity distribution.

Second, we revamped the UI design to provide a more intuitive user interface that enables various swapping and liquidity providing strategies.

With these new features, we believe Maverick has the potential to be the most versatile infrastructure for DeFi. And with the launch of our latest testnet, we want to invite our community to help us realize this potential by providing feedback as part of our third Testnet Reward Program.

Join Maverick Community on Discord, Telegram, and Twitter today!

How Do I Participate?

  1. To start with, check out our testnet here.
  2. Submit your personal details and feedback using the testnet feedback form here. We are looking for detailed feedback about your experience with the product and its UI. Please pay close attention to the Bonus section of the feedback form, as the answers to that section will weigh more when we evaluate the winners.
  3. While you are submitting your feedback and any content links using the form, please don’t forget to head to Twitter and post your answer to the Bonus section with the hashtag #MaverickAMM. Do not link your Google form to the Tweet. Don’t forget to tag @mavprotocol so we will be notified and log your entry!

Let us know your testnet feedback here!

What Are the Rewards?

As we are approaching the mainnet launch in Q4, the rewards for our testnet reward program will be more community oriented and tied to our future tokenomics.

There will be two kinds of rewards for this program:

  1. Maverick Protocol 3rd Testnet Reward Program OAT NFT

We will reward all participants who completed the form with authentic feedback with one limited edition OAT NFT. This OAT NFT will play an essential role in the future Mava III NFT whitelist process.

2. Maverick Mava III NFT

Meanwhile, team Maverick and the community will together select 11 special winners to win one whitelist of Mava III NFT (launching in Q4) each, according to the rules as follows:

Team selection: 10 Winners

Team Maverick will evaluate the feedback form based on:

  • the effectiveness of the overall feedback;
  • the quality of the answer to the Bonus section (For example: How much does the community member understand Maverick AMM? How effective is their LP strategy using Maverick AMM?).

Community’s favorite: 1 Winner

We will also award one Mava III whitelist spot to the community’s favorite feedback, based on the most liked Tweet under the #MaverickAMM hashtag.

Join the Testnet Reward Program here.

What’s the Evaluation Process?

  1. Please complete the feedback form and post your #MaverickAMM Tweet by October 3, 2022;
  2. Once you have completed the registration process, our team will review your entry and Twitter content;
  3. Please don’t forget to vote for your favorite feedback by searching hashtag #MaverickAMM on Twitter;
  4. Team Maverick will select 10 winners and review Twitter likes to find the community’s favorite feedback winner. The winners will be announced on October 7, 2022.

What Else Do I Need to Know?

There will be three weeks to fill out the form and create qualifying content. We want to provide community members ample time to report detailed feedback while we work on fixing bugs and integrating suggestions. Each user will only be eligible to complete the form once, so please bear that in mind before sending your submission; any extra submissions from the same user will be disqualified. Stay tuned for more!

Last but not least, team Maverick is launching Maverick Friday Fireside Chat series on Discord, starting this Friday, September 17th. If you have any questions about the new testnet and the 3rd Testnet Rewards Program, please join us and ask team Maverick in person!

Join Discord today to get ready for the Friday Fireside Chat!

About Maverick

Maverick Protocol is a new infrastructure for decentralized finance, built to facilitate the most liquid markets for traders, liquidity providers, DAO treasuries, and developers, powered by a revolutionary Automated Market Maker (AMM).

Website | Twitter | Discord | Telegram | Telegram Announcement Channel |Medium | YouTube

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Maverick Protocol
Maverick Protocol

Maverick is a leading infrastructure provider in DeFi, enabling projects to customize, automate, and incentivize liquidity effectively. Website: https://mav.xyz