DeFi infrastructure startup Maverick Protocol has raised an estimated $9 million from a funding round. Among its investors are Pantera Capital, Binance, Coinbase, and Apollo Crypto.
In its page on Medium, the startup said that the latest funding round is aimed at expanding its ecosystem and build more efficient Liquid Staking Token (LST) Infrastructure, enable deployment to other chains, and subsequently attract new players and projects to its ecosystem.
Understanding Maverick’s Liquid Staking Token Infrastructure
Maverick Protocol, a DeFi infrastructure startup, has shown considerable potential in its aim to revolutionize the decentralized finance landscape. One of the critical aspects of its infrastructure that the firm plans to enhance is its Liquid Staking Token (LST) Infrastructure.
Liquid staking represents an innovative approach within the blockchain and DeFi space. Traditionally, staking involves participants locking up their cryptocurrencies to support operations such as block
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