$BTC What Is Maple Finance (SYRUP)?

Key Takeaways

Maple Finance is a lending marketplace built on blockchain technology. It connects businesses needing loans with investors looking to earn returns.

Launched in 2019, Maple Finance aims to make lending simpler and more accessible through decentralized finance (DeFi).

Unlike many DeFi platforms that demand heavy collateral, Maple enables undercollateralized loans by leveraging the reputation of borrowers. Simply put, it focuses on loans that require less upfront security.