Maven Finance's Yield Farms
Harvest Rewards, Cultivate Profits
Last updated
Harvest Rewards, Cultivate Profits
Last updated
Maven Finance offers a robust yield farming ecosystem designed to enhance on-chain liquidity and provide attractive incentives for users.
Upon the launch of the Maven Finance platform, users can participate in yield farming for various liquidity pools, including mMVRK, mUSDT, mwBTC, MVN/MVRK, and MVN/USDT.
The goal is to establish sufficient liquidity for users to borrow, or to facilitate low-slippage trading at reasonable volumes for the MVN token. Incentives will be offered through a series of yield and liquidity farms, encouraging users to provide liquidity for each pool.
These yield farms provide opportunities for users to earn additional rewards and actively participate in the growth and liquidity of the Maven Finance ecosystem.
In addition to these liquidity pool, Maven Finance incentivizes users to deposit liquidity into the lending pools.
Liquidity providers have the opportunity to stake their mTokens, which represent programmable shares of a liquidity pool, within yield farms.
By doing so, they earn yields from the lending pools and also receive additional sMVN as a bonus incentive.
The amount of sMVN rewards is determined by the duration of time the LP mTokens are farmed.
Initially, Maven Finance will set a three-month duration for the yield farms. However, the future of these farms depends on a governance vote.
After three months, the community will decide whether to rehydrate existing farms and restart their lifecycle or introduce new farms through a governance process.
