Introducing: “Points Amplifier” via Maverick Ecosystem Incentive Program S1
Since its initiation, the Maverick Ecosystem Incentive Program S1 has garnered significant engagement, attracting over 50 token projects and tens of thousands of liquidity providers to its leaderboard. This participation shows active community contribution towards the growth and development of the Maverick ecosystem.
To empower token projects with an even more efficient tool to incentivize its community, and to bring enhanced rewards to Maverick liquidity providers, Maverick is launching a new ‘Points Amplifier’ feature under the Incentive Program. This will enable token projects to redirect their S1 points to liquidity providers in certain Boosted Positions that contain its tokens.
Points Amplifier
Points Amplifier is a new feature under Maverick Ecosystem Incentive Program S1, enabling Token Projects on the Maverick Leaderboard to redirect their S1 Points to liquidity providers in certain Maverick Boosted Positions for a given period of time.
As a result of the Points Amplifier, liquidity providers supplying liquidity to a Boosted Position on Maverick may receive amplified (e.g., 2x) Maverick S1 Points for certain days.
This feature does not affect the Governance Airdrop rules.
How Does it Work?
The Points Amplifier feature is in beta. Token Projects can fill out this form to request access to the beta Points Amplifier feature.
Once a Token Project gains access to the Points Amplifier feature, they can choose a number of Boosted Positions to redirect their Points to amplify the LP Points in that Boosted Position for certain days.
The liquidity provider supplying liquidity to that Boosted Position will receive extra points for the amplified timeframe, and those extra points will be reflected in the liquidity provider’s total points balance by the end of Maverick Ecosystem Incentive Program S1.
The first Boosted Position Empowered by the Points Amplifier!
Ready to join the Maverick Points Amplifier? Maverick is excited to launch this new beta feature with two leading LRT communities: Swell and EtherFi. Supply liquidity to Boosted Position rswETH-weETH #92 today to unlock unparalleled perks in DeFi!
Liquidity Providers can supply liquidity to this boosted position and enjoy the following perks for 30 days:
- $15,000 token rewards in rswETH and weETH
- 2x Maverick S1 Points (via Maverick Point Amplifier)
- 2x Swell Pearls
- 2x EtherFi Points
- 100% Exposure to EigenLayer Points
- LP Fees
Furthermore, the enhanced flexibility provided by Maverick AMM has enabled both token communities to create a customized and concentrated distribution of the rswETH-weETH pair, enhancing liquidity around the effective price range, which may result in higher capital efficiency for liquidity providers.
Join here: https://bit.ly/Maverick-rswETH-weETH-92
About Maverick
Maverick Protocol is a leading provider of smart contract solutions in DeFi, focusing on enabling projects to customize, automate, and incentivize liquidity effectively, powered by Maverick AMM.
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