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Mavryk Finance Is Challenging Legacy Financial Systems by Bringing On-Chain Finance to the Real World

Mavryk Finance Is Challenging Legacy Financial Systems by Bringing On-Chain Finance to the Real World

Mavryk is a decentralized, non-custodial, community-governed financial platform that gives users independent control of their finances.

They will be launching a suite of decentralized financial products on the Tezos blockchain, designed to bring financial freedom to all of its users and to bridge the gap between the real world and on-chain finance.

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Mavryk enables its users to free the equity trapped in their assets as a loan without requiring the involvement of third parties such as banks. Users also earn by participating as members in Mavryk’s digital co-op.

Mavryk enables its members to take a passive or active role in the operations of the DAO platform by either delegating their tokens voting rights or operating a “Satellite” node. Satellite nodes act as representative curators for the platform, and also form an array of nodes for Mavryk’s decentralized oracle system. Stakeholder participation is incentivized via rewards for governance & signing oracle price feeds, in order to bring stability, security, prosperity to the platform and its users.

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The community with live updates can be found on the Mavryk discord. Mavryk is also backed by a host of heavyweight industry players such as Tezos Israel, Draper Goren Holm, Ghaf Capital, Metavest Capital, Big Brain Holdings, and numerous Tezos Bakeries (validator nodes).

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