Unlock is a natively cross-chain yield and governance tool integrating with Maverick Protocol (AMM) on Ethereum, zkSync, Base and BNB. Unlock is the largest holder of Maverick governance power on zkSync, Base and BNBChain.
Products:
Liquid staking for veMAV
A vault that accepts MAV or any other ERC20 and automatically max-locks these as veMAV for 4 years to maintain maximum voting power in Maverick Protocol governance. The vault mints unkMAV (ERC20) that represent the users deposit; is tradable through Maverick Pools, receives protocol fees, a share of MAV generated by Unlock and can be used for liquidity provision to earn swap fees and additional incentives.
UNK (ERC20) is Unlock's governance token earnt by unkMAV minters that inherits the governance power for veMAV locked by Unlock. UNK can therefore be used as a proxy for veMAV governance power, having all the same admin rights as veMAV.
Vaults
Vaults accept ERC20 deposits such as ETH, BTC, USDC and use them to provide liquidity across multiple Maverick LP’s whilst automatically rebalancing to optimise for yield and against IL/PL. Vaults cater for different risk tranches and have auto-compounding functionality.
UNKNFT
An on-chain NFT mint experience where users can draw art through a canvas on our app and mint their drawing as an NFT. The NFT boosts users returns on Unlock Vaults and other Unlock initiatives.
Voting power delegation and Markets.
Vote-markets enable protocols seeking liquidity and users seeking yield markets for exchange. Protocols can post rewards to receive MAV incentives to particular liquidity positions and users can either vote directly for these pools with their veMAV governance power or delegate their voting power to an optimiser that votes for pools with the highest reward bounty posted on it.