Unlock, the home of $MAV staking - by Evix
Unlock is one of the first protocol to be built on top of Maverick, offering various services ranging from governance power optimization to yield optimization.
The objectives are clear: to bring flexibility boost influence, and maximize yields. The protocol's launch will happen in three stages, structured with three tokens.
Summary:
Three Tokens
- $unkMAV
- $UNK
- Unlock NFT
Three Phases
- Phase 1
- Phase 2
- Phase 3
Other
Three tokens
⇒ $unkMAV
Unlock allows you to exchange $MAV or any tradable ERC-20 token for $unkMAV.
$unkMAV is a liquid wrapper for veMAV, natively cross-chain. It allows you to enjoy the benefits of veMAV while remaining liquid.
You can stake it to earn a share of $MAV generated by Unlock, and additional incentives.
You will be able to exchange $unkMAV for $MAV starting from Phase 2.
All the mentioned benefits will unlock during different stages of the protocol.
⇒ $UNK
$UNK is the governance token of Unlock and also its incentive tool.
You can stake it to have governance power over Maverick & Unlock, and receive fees generated by the protocol through strategies, swaps, bribes, etc.
⇒ Unlock NFT
It allows, among other things, to increase your incentives in $UNK. You can only mint it during Phase 1.
Three Stages
⇒ Stage 1
This is the current phase, the launch, and the bootstrapping of the protocol. You can now mint $unkMAV on Ethereum, BSC, and ZkSync.
Two opportunities are available:
- Mint $unkMAV, to benefit from:
- A part of the upcoming Maverick airdrop in the form of $unkMAV based on the protocol's amount and your balance.
- $UNK claimable in Phase 3
- Mint The Unlock NFT, to benefit from:
- Multiplication of your $UNK (earned through minting $unkMAV) claimable in Phase 3
- Access to “The Riddle”
- It is a Puzzle that, once solved, allows you to further multiply your $UNK
The minting of $unkMAV and Unlock NFT is the first part of Unlock's incentive program called The Unlock Games.
It consists of a series of opportunities that will allow participants to acquire $UNK and provide the protocol with users, TVL (Total Value Locked), and visibility.
The Guardians Multisig
On Day 1, a multisig 6/8 was set up, consisting of several DeFi actors.
⇒ Stage 2
Launch of the second part of The Unlock Games, with new opportunities to acquire $UNK.
Launch of the unkMAV/MAV liquidity pool. $unkMAV holders can provide liquidity or exchange their tokens for $MAV.
You will be able to track the amount of $UNK you have earned!
⇒ Stage 3
Launch of $UNK! Now, you can claim the $UNK you have earned during the previous stages.
After that, you can stake them and benefit from yields, governance, etc.
Launch of Unlock Optimisers. It is a solution that provides maximally optimized yield solutions according to different risk levels.
Unlock will combine quantitative optimization and machine learning for this purpose.
This solution will be used by protocols and individual users.
Other
The protocol has a promising start, already holding +500K veMAV.
There is also a genuine intention to be Maverick ecosystem-friendly.
If you are bullish on Maverick's future, especially its governance, which is starting to attract attention, then it might be interesting for you to get involved with Unlock.
