Community Approval Request #072: Maverick
Date: Fri, 1 Sep 2023
Author: Mikel
Status: Voting
In this 72nd Community Approval Request (CAR), the DIA DAO community will be voting to validate Maverick Protocol as a data source for the DIA Platform. DIA’s direct integration into DeFi markets such as the Maverick enables the creation of transparent and fully customizable token price oracles for dApps.
Maverick Protocol offers 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).
Maverick AMM helps its users maximize capital efficiency by automating the concentration of liquidity as price moves. Higher capital efficiency leads to more liquid markets, which means better prices for traders and more fees for liquidity providers. This built-in feature also helps LPs to eliminate the high gas fees that come from adjusting positions around price themselves.
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Timeline:
- Vote: Sep 1, 2023
- Approval: Sep 8, 2023