Mavryk Network price

MVRK

Mavryk Network is a bespoke Layer 1 blockchain designed to bridge real-world assets with the dynamic realm of DeFi and foster a thriving & secure digital economy. A definitive platform at Mavryk, RWAs seamlessly converge with decentralized finance (DeFi). By leveraging RWA tokenization, DeFi applications, and robust infrastructure, Mavryk is creating an interconnected financial economy by building a more inclusive, accessible, and interoperable network where tokenized RWAs interact seamlessly with DeFi.

MVRK is the native utility token that powers the Mavryk ecosystem. Key use cases for the MVRK token include: * Network Transaction Fees * Validator Node Security Deposits, Delegations, and Staking * Protocol Treasury & Liquidity Mining Governance * On-Chain Upgrade Governance

Key features: * MRC-30 RWA Token Standard: A custom token standard designed specifically for interoperable RWAs on Mavryk, ensuring compliance with transfer permissions, regional KYC/AML requirements, and other regulatory needs. * Enshrined Rollups: Mavryk's Layer 2 scaling solution provides high efficiency with up to 50,000 TPS and 90% lower fees compared to Layer 1, supporting WASM, EVM, and Michelson compatibility. * Protocol Treasury: Owned by MVRK stakeholders and governed by validators, the on-chain Protocol Treasury is designed to fuel ecosystem growth and development. It features independent revenue streams and can manage a diverse portfolio of assets on behalf of the Mavryk community. * Liquidity Mining dApp: Monthly liquidity rewards to incentivize adoption & activity through on-chain “vote gauges,” and rewards participating validators who share incentives with their delegates. * Forkless Upgrades: Mavryk enables smooth protocol upgrades every 3-6 months with zero hard forks, ensuring that the technology stays at the forefront of innovation. * Keyless Wallets: Mavryk offers easy onboarding with non-custodial, highly secure wallets using MPC and TSS technology. * Energy Efficient: Mavryk utilizes Proof of Stake for permissionless validation with low hardware requirements. * Public Goods Mini-dApps: Decentralized mini-dApps that serve the core protocol and ecosystem, such as Mavryk Domains, with 50% revenue to the Protocol Treasury and 50% burned.

Mavryk Tools and Infrastructure * Mavryk Nexus Explorer: Explore the entire Mavryk ecosystem through an all-inclusive and user-friendly platform * Mavryk SDKs: Streamlined development kits for building applications and integrations on Mavryk * Flextesa Sandbox: A tool for smart contract development and testing on the Mavryk Network * Mavryk Wallet: A non-custodial, secure wallet solution integrated with the Mavryk Nexus Explorer * MavKit Suite: A collection of tools for local application deployment and node operations on Mavryk