$SYRUP Important Information About It.

The SYRUP token is the digital currency of the Maple Finance platform, which is one of the leading decentralized finance (DeFi) platforms specialized in institutional lending.

🔹 Current Price of SYRUP (as of May 6, 2025)

Price: Ranges between $0.1357 and $0.1722, depending on the platform.

Market Cap: Ranges between $99.95 million and $171.29 million.

Daily Trading Volume: Ranges between $4.07 million and $10.17 million.

Circulating Supply: Ranges between 737 million and 994 million SYRUP.

All-Time High: Reached $0.3392 on November 13, 2024.

All-Time Low: Recorded $0.0925 on February 3, 2025.

🔹 Additional Information

Launch Date: The SYRUP token was launched on November 13, 2024, as a replacement for the previous MPL token, at a conversion rate of 1 MPL = 100 SYRUP.

Functions: SYRUP is used in protocol governance, granting holders the ability to vote on development proposals. Users can also earn yields by staking the token.

Incentive Mechanism: A portion of the lending fees is used to purchase SYRUP tokens from the market, which are then distributed to stakers, enhancing the token's value and encouraging participation in the ecosystem.