What does Mav coin do?

This democratic approach ensures that the direction of the Maverick Protocol aligns with the collective will of its community. MAV holders, through their veMAV, play a crucial role in guiding the protocol's evolution, ensuring that it remains responsive to user needs and market dynamics.

The Maverick Protocol recognizes the importance of decentralization and community engagement. By entrusting governance decisions to MAV holders, the protocol fosters a sense of ownership and accountability among its user base.

MAV, the native utility coin of the Maverick Protocol, serves as a pivotal component within the ecosystem. Its dual functionality encompasses both governance and voting, empowering users to actively participate in shaping the protocol's future.

Beyond governance, MAV coins also facilitate seamless transactions within the Maverick ecosystem. They serve as the primary medium of exchange, enabling users to access various services and features offered by the protocol.

By staking MAV coins, holders transform their tokens into veMAV, a process that unlocks additional privileges and responsibilities. VeMAV serves as a ticket to the decision-making table, allowing holders to cast their votes on crucial governance proposals.