Attention all Galxe community members.
10 Mar 2023, 06:54
Attention all Galxe community members!
We’re thrilled to announce that we have deployed a GAL-wstETH pool on Maverick Protocol, an innovative new decentralized exchange powered by a dynamic distribution Automated Market Maker (AMM). This provides an exciting new opportunity for traders to swap almost any ERC-20 token for GAL with lower fees and without the need for intermediaries.
Maverick Protocol's dynamic distribution AMM enables higher capital efficiency and greater capital control, while also allowing liquidity providers to redeem their tokens at any time. This provides the flexibility to liquidity providers to take advantage of market opportunities.
Advanced DeFi users who hold GAL can even deploy new Maverick pools with a different counter-asset, such as USDC. This gives the community the power to determine how it is used and what role GAL will play.
Ready to get started? Head over to app.mav.xyz and interact with the GAL-wstETH pool on the Pools page.