Binance Academy
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What is Maple Finance (SYRUP)?
Key Points
Maple Finance is a lending marketplace built on blockchain technology. The platform connects businesses in need of loans with investors seeking returns.
Maple Finance, launched in 2019, aims to make lending simpler and more accessible through Decentralized Finance (DeFi).
Unlike many DeFi platforms that demand large collateral, Maple allows for secured loans with less collateral by leveraging the borrower's reputation. Simply put, the platform focuses on loans that require less initial collateral.
Maple Finance is a lending marketplace built on blockchain technology. The platform connects businesses in need of loans with investors seeking returns.
Maple Finance, launched in 2019, aims to make lending simpler and more accessible through Decentralized Finance (DeFi).
Unlike many DeFi platforms that demand large collateral, Maple allows for secured loans with less collateral by leveraging the borrower's reputation. Simply put, the platform focuses on loans that require less initial collateral.
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