Convex for the Maverick Ecosystem - by Evix
Summary:
- tcMAV
- Boosted Rewards
- $TOMCAT
- LayerZero
- Bribe Market
- Others
1. tcMAV
By staking your $MAV on Tomcat, you will receive $tcMAV at a 1:1 ratio. $tcMAV is a wrapped liquid token of veMAV.
By doing this, you will benefit from a share of the future Maverick airdrop, incentives in $TOMCAT, and voting power on $MAV emissions in different pools.
Until the Maverick airdrop is announced, you can unstake the deposited $MAV. After that, unstaking will be unavailable, but an LP tcMAV/MAV will be launched to enable exchanges.
2. Boosted rewards
Tomcat plans to leverage the acquired governance power to direct a portion of emissions to the desired pools.
Maverick's liquidity providers can stake their LP tokens in Tomcat to benefit from $MAV emissions, incentives in $TOMCAT, and additional rewards.
3. $TOMCAT
$TOMCAT is the native token of Tomcat. There are few details about it at the moment.
However, we know that it will serve at least two purposes:
- Act as an incentive token
- Be locked to gain governance power over Tomcat, primarily deciding the direction of $TOMCAT emissions.
4. LayerZero
Tomcat is built on LayerZero technology to keep up with Maverick, both at the protocol level and with $tcMAV.
Currently, you can stake $MAV on Ethereum and Zksync.
5. Bribe Market
Following the path of Curve's War, Tomcat plans to integrate a Bribe Market to allow $tcMAV holders to sell their governance power.
6. Others
There is very little additional information available at the moment.
Nevertheless, it is worth noting that Tomcat holds around 36,000 $MAV within its vaults, which will represent approximately 180,000 veMAV when maximally locked in Maverick.
This figure will vary based on deposits and withdrawals.