Maverick Protocol completes $9 million financing, led by Founders Fund

ChainCatcher news, according to The Block, DeFi infrastructure Maverick Protocol has completed a $9 million strategic funding round, led by Founders Fund, with participation from Pantera Capital, Binance Labs, Coinbase Ventures, and Apollo Crypto. This funding round will be used to scale the protocol, deploy to new chains, and support developers in building on the infrastructure.

Maverick Protocol (MAV) is the 34th project on Binance Launchpool, allowing users to stake BNB and TUSD in separate pools to mine MAV tokens over a 25-day period, starting from June 14, 2023, 00:00 (UTC). (Source link)