Maya Protocol — Fair Launch + Airdrop: How to participate and maximise profit
Maya protocol will launch their liquidity auction and fair launch on March 7th. They want to bootstrap the protocol and attract lot’s of liquidity to get their cross-chain decentralized exchange going.
Maya is a friendly fork of THORChain. That means they are taking THORChain’s code, modifying it and have a partnership with THORChain’s team. Learn more about the basics of THORChain in my article on the Savers Vault feature:
In short, THORChain allows you to trade Layer 1 crypto like Bitcoin, Ethereum, BNB or even Doge without the need of a centralized entity like an exchange. Send Bitcoin to an address and add your Ethereum address, receive the same dollar amount minus a small fee and slippage to your Ethereum address, no questions asked.
Back to Maya protocol. They found a few ways to tweak THORChains idea.
Improvements on the THORChain design
Two token Model: Instead of just having $RUNE for rewards and liquidity, Maya…