The main driving force of MAV’s price increase in my opinion comes from this reason, if you’ve ever missed CRV War, Pendle War, don’t forget to research about MAV War. Mavevick builds in the direction of veToken, which has been a storm for a while to limit the inflation of the token, encouraging long-term users to accompany the project. The mechanics of MAV War revolve around veMAV and settle the liquidity for this token. I will briefly describe it below. The users providing liquidity on Mavevick will receive incentives from the project as MAV coins. But instead of holding or selling, discharging MAV key users => receiving veMAV, holding this coin has many benefits: + Voting to see which pool gets the most Incentive + Receiving the main reward is the project’s MEV (inflation). + Get a share of the revenue from the protocol. The more profitable the business project, the more beneficial the holder is. + Receive Bribe payments from third parties.
Source: Collector
