Question 1

What is MAV?

Accepted Answer

MAV is the native utility token of the Maverick ecosystem. Official materials summarize its primary uses as staking, voting, and boosting (incentive direction). It is not equity in Maverick; its governance role in the protocol comes from obtaining veMAV after staking MAV into a voting-escrow contract, rather than simply keeping MAV in a wallet.

Question 2

How do you obtain veMAV and governance voting rights from MAV?

Accepted Answer

To obtain protocol voting rights, users must stake MAV into Maverick's Voting Escrow contract, which credits veMAV accordingly. MAV is the original token being staked, while veMAV is the balance used to measure governance weight. Therefore, holding MAV itself and holding veMAV usable for voting through this mechanism are two different states. This design links governance power to a lock-up commitment: users choose to lock MAV and obtain veMAV, after which their veMAV balance determines their voting weight in protocol governance. Before participating, users should understand the lock-up conditions and the contracts on the network they interact with, because staking changes the token's freely transferable status.

Question 3

Why does locking MAV for longer provide more voting power?

Accepted Answer

Lock duration affects voting power because Maverick's voting-escrow model gives longer lock-up periods more veMAV, and the veMAV balance is the basis used to measure voting power. Therefore, all else being equal, MAV locked for longer produces more veMAV and carries greater governance weight. What increases here is governance weight, not an investment return directly guaranteed by this rule. The actual trade-off for users is that a longer lock-up commitment provides more veMAV and voting power, but also makes MAV less available under the lock-up rules.

Question 4

What protocol uses does MAV have beyond governance?

Accepted Answer

In addition to staking and voting, official materials also list MAV as a token for boosting and directing community and ecosystem incentives. This means the MAV/veMAV mechanism can be used to express preferences regarding governance and incentive direction; this differs from company dividends, debt repayment, or statutory redemption rights. Whether a specific incentive, eligibility threshold, reward asset, and settlement rule exists is subject to the protocol interface, governance proposals, and smart contracts applicable at that time. The general use of “boosting” cannot be used to infer that all holders will receive rewards.

Question 5

Why must you verify both the network and contract address before using MAV?

Accepted Answer

Maverick V2 documentation separately lists Maverick Token and V2 contracts on mainnets including Arbitrum, Base, BNB Smart Chain, Ethereum, Scroll, and zkSync Era. The same name does not mean the network can be ignored: the wallet's current network, the token contract address being received or interacted with, and the protocol contract being called must belong to the same target network. For example, before transferring to a MAV contract on a given network or interacting with its Voting Escrow contract, first select that network on the official contract-address page and verify each address. That page lists different contracts including token, Voting Escrow, and router contracts; a protocol router or an address from another network must not be treated as the MAV token address for that network.

Question 6

Does simply holding MAV mean you can participate in governance?

Accepted Answer

“Holding MAV” and “participating in governance” are not equivalent. The former means holding the original token in a wallet; the latter is weighted by the veMAV balance in Maverick's voting-escrow model. Only after staking and obtaining veMAV does the balance become the basis for protocol voting power. Therefore, the key criterion for governance participation is not the MAV balance itself, but the relevant account's veMAV status and applicable governance process. Users also should not interpret greater voting weight as a commitment to protocol revenue, company ownership, or fixed income.

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