Binance Academy
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What is Maple Finance (SYRUP)?
Key Takeaways
Maple Finance is a blockchain-based lending marketplace that connects companies needing loans with investors looking to earn returns.
Maple Finance was launched in 2019, aiming to make lending simpler and more accessible through decentralized finance.
Unlike many decentralized finance platforms that require large collateral, Maple allows loans with less collateral by leveraging the reputation of borrowers. It simply focuses on loans that require less upfront collateral.
Maple Finance is a blockchain-based lending marketplace that connects companies needing loans with investors looking to earn returns.
Maple Finance was launched in 2019, aiming to make lending simpler and more accessible through decentralized finance.
Unlike many decentralized finance platforms that require large collateral, Maple allows loans with less collateral by leveraging the reputation of borrowers. It simply focuses on loans that require less upfront collateral.
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