what's Maya Protocol?
Maya Protocol is a decentralized, non-custodial liquidity and exchange protocol built on the Cosmos SDK. It enables seamless cross-chain swaps of native assets such as BTC, ETH, and ATOM without the need for wrapping, bridges, or custodians. Operating similarly to THORChain but with a permissionless validator set and no slashing, it prioritizes security and accessibility for multichain DeFi. The protocol features a two-token model: CACAO serves as the settlement and gas asset, used for liquidity pairing, bonding, and incentives, while MAYA captures a share of protocol revenue for long-term sustainability. Users benefit from features like single-sided staking to earn yield without impermanent loss, streaming swaps, and optimized fee structures including inbound/outbound gas and affiliates.
Maya Protocol established a marketing fund directly funded by protocol revenue.
Established a marketing fund funded directly from protocol revenue.
Dev team is finalizing V127 upgrade.
ZEC swaps integration built and merged into Vultisig plugins with recurring swaps functionality ready for release.
V125 protocol update begins Kuji Chain removal process by ejecting Bond Providers and all liquidity from infrastructure as migration to Rujira completes, with new RUJI staking model distributing USDC revenue from Rujira products.
New competitor PACT SWAP goes live with $4.998M raised, 6 partner integrations, and claims 90% lower cross-chain costs compared to Maya Protocol, THORChain, and Chainflip.
V124 protocol update deploys shielded ZEC transactions for private cross-chain swaps, Swapper Clout reputation system that prioritizes transaction confirmation based on user swap history, flexible LP withdrawals without ILP coverage requirement, gasless fees auto-deducted from trade assets, and ARB.USDT pool fix.
Integration with ThorChain via IBC + Bifrost will enable cross-protocol asset flows, while tokenomics evolves to 4 revenue streams and a node airdrop is coming.
Maya Protocol is highlighted for having stronger decentralization technology compared to competitors, with expectations of growth once new features are implemented.
Zcash pool shows rapid growth in size and volume following recent integration.
Cross-chain swap functionality with Zcash is now live and operational.
ZCash integration has moved from testing to live status, with swap functionality announced as coming soon.
Protocol expansion accelerates with Zcash and Cardano integrations in final development stages.
Mentioned as backup platform for app layer development.
Recent updates include wallet integrations, partnership with SwapKit, ongoing zCash smoke testing, V118 update coming soon. Two validator votes initiated to halt RUNE and KUJI trading.