Join the Mavryk testnet to potentially earn rewards!
Mavryk
Progress mission: 0 of 5
Updated:
Rewards
Past rewards
$500 $24,500
Details
Minimal cost
Free
Time required
45 min.
Category
Testnet
Rating
7/10
Risk
Low
What Is Mavryk Network?
Mavryk Network is a Layer 1 blockchain focused on integrating RWAs such as real estate, commodities, and debt instruments into decentralized finance systems. It allows these assets to be tokenized and traded on open markets. This enables collateral-backed loans, staking, and broader investment access through DeFi rails.
At the center of its DeFi layer is Maven Finance, a DAO-based banking system that lets you borrow against tokenized assets. This integration positions Mavryk not just as a blockchain, but as a financial infrastructure connecting TradFi and DeFi.
Key Metrics at a Glance
| Metric | Value |
|---|---|
| Market Capitalization | $34.68 million |
| Token Price | $0.1156 |
| Total Supply | 1 billion MVRK |
| Circulating Supply | 300 million MVRK |
| Total Value Locked (TVL) | $30.15 |
| Funding Raised | $5.64 million |
| Testnet Transactions | Over 6 million |
| Active Countries | 30+ |
| Community Members | Estimated 70,000+ |
A $3 Billion RWA Tokenization Deal
One of Mavryk’s most significant achievements to date is securing a $3 billion+ tokenization agreement with MultiBank Group and MAG. Of that, over $360 million worth of RWAs are already lined up for tokenization.
This move not only proves market demand, it shows that institutional players are taking Mavryk seriously.
Exploring the Testnet
You can access the Mavryk testnet here. It offers:
- Simulated RWA share trading,
- Staking and earning MVRK rewards,
- Exploration of DeFi components, including a native wallet, lending markets, and block explorer.
With over 6 million transactions processed and users from 30+ countries, the testnet shows strong early engagement.
MVRK Token Utility
The native token, MVRK, powers all core activities on the Mavryk Network:
| Token Use Case | Description |
|---|---|
| Network Fees | Used for transaction costs |
| Validator Staking | Required for operating validator nodes |
| Protocol Treasury & Governance | Funds development and voting on upgrades |
| Liquidity Mining | Monthly dApps distribute rewards |
| On-Chain Governance | Token holders can vote on forkless upgrades |
| Public Goods Funding | Revenue from apps like Mavryk Domains is split: 50% to treasury, 50% burned |
Why Mavryk Network Stands Out
Mavryk offers a blend of technical, economic, and regulatory advantages:
- Scalable Design: Fast, low-cost transactions,
- Security: Custom consensus mechanisms and strict protocol enforcement,
- Eco-Conscious: Green infrastructure through PoS validation,
- Real-World Relevance: Tokenized RWAs bring tangible value into Web3,
- Inclusive UX: Designed for farmers, artists, and mainstream users — not just crypto natives.
Conclusion: A Promising Foundation with Big Goals
Mavryk Network aims to build the rails between the traditional and decentralized economies. With a functioning testnet, a major RWA deal, and strong community engagement, it’s taking the right early steps. However, continued success will depend on:
- Proving scalability under real usage
- Navigating the legal complexity of tokenizing RWAs
- Attracting a wide range of users
If it can address those areas, Mavryk could play a central role in reshaping how assets are traded and owned in the digital age.
Pros
Early Users May Win Big
Maverick ran a major airdrop for early users. The airdrop window ran from April 29 to May 6, 2025. This was a one-time opportunity where users bagged rewards for simply signing up and engaging with the platform.
Plenty of Ways to Earn
Mavryk still offers ways for users to earn, even after the airdrop deadline. There are Galxe tasks that reward you for completing specific actions. There is also the opportunity to interact with the Testnet where you can deposit, borrow, trade, or stake MVRK. These options give you flexibility depending on how active you want to be. Whether you're more hands-on or prefer to let your assets work for you, there's a way to participate. These ongoing efforts make it possible to build up MVRK tokens over time while staying involved with the platform's development.
Real Assets, Real Potential
Unlike many crypto projects that deal only in digital value, Mavryk connects blockchain tools to real-world assets like real estate and commodities. That opens up financial opportunities that were once limited to big investors or institutions. By turning physical items into tradable tokens, users can now invest in or even use those assets in DeFi applications. This kind of access could change how people use value. It offers the possibility to borrow against real property or invest in things like art without needing to own the full asset upfront.
Strong Tech Behind It
The platform is built on its own Layer 1 blockchain, which is designed to support fast, low-cost, and secure transactions. Mavryk’s infrastructure allows it to scale with more users and heavier transaction loads without compromising speed or safety. That makes it more reliable for daily use and more appealing for people or institutions looking for a serious alternative to traditional financial networks.
Cons
The Main Airdrop Is Over
The window to claim the biggest set of free MVRK tokens has already passed. The main airdrop registration ran from April 29 to May 6, 2025. That doesn't mean there’s nothing left to earn. It does mean you’ll have to work harder to get smaller rewards through tasks and platform engagement going forward.
Rewards Are Not Guaranteed
Even if you participate in the current tasks or Testnet features, there’s no promise of big earnings. Your rewards depend on how much effort you put in, whether you’re competing with many other users, and most importantly, whether the platform actually grows and succeeds. If the value of MVRK drops or if tokenized real-world assets don't gain traction, your returns might shrink.
You’re Competing with Many Others: Mavryk’s reward system is built around user activity, and many users are chasing the same goals. Whether it’s completing tasks or using the Testnet, those who do more or who got in earlier will likely see better results. This creates a competitive atmosphere where rewards aren't handed out equally. New users especially may find it harder to keep up unless they stay very active and engaged over time.
Regulations Could Change Things
Because Mavryk deals with real-world assets, it's operating in an area that might eventually attract government rules and regulations. If certain countries decide to restrict or ban these types of financial products, users in those places might lose access or face limitations. These changes can happen suddenly and could affect how the platform functions or how freely users can move and use their tokenized assets.
How to participate?
Every opportunity has its own rules. Following these closely can significantly increase your chances of qualifying for rewards. Here’s a list of recommendations from our team to help maximise your chances of benefiting from this opportunity.
- Start With Galxe Tasks: You can visit the Mavryk Network page on Galxe, connect your wallet, and follow the instructions there. Tasks often include following the project on social media, joining Discord, or interacting with the platform. The more tasks you complete, the better your chance of earning MVRK tokens in future rewards.
- Actively Use the Testnet: Go to the Mavryk Testnet, request test tokens, and begin using features like depositing, borrowing, staking, or trading. These actions show the team that you're serious about exploring the platform, and they often give rewards to users who spend real time testing. Activity levels may be tracked, so repeat actions regularly.
- Follow All Mavryk Channels for Updates: You should join Mavryk’s Twitter and Discord to stay updated on new tasks, deadlines, and event announcements. Projects often launch time-limited challenges without notice, so being early can give you an edge. Reading Discord chats can also uncover helpful tips from other users.
- Participate Regularly, Not Just Once: Instead of completing tasks all at once, spread your activity over time. Regular use of the platform can signal long-term interest, which is often favored by project teams. Make a habit of checking for new updates and completing fresh tasks as soon as they appear.
- Stake or Hold MVRK Tokens When Possible: If MVRK tokens are live, consider buying a small amount and keeping it in your wallet or staking it on the platform. Holding tokens shows long-term commitment and may boost your visibility in reward systems. Staking can also generate passive income while proving your loyalty.