#What Is Maple Finance, Syrup.Fi and the $SYRUP Token

What Is Maple Finance?

Maple is DeFi's Institutional Lender, and Syrup makes Maple’s consistent high yield available in DeFi. The SYRUP token governs the Maple and Syrup ecosystem and holders can stake their SYRUP to participate in the growth of the ecosystem.

Key Takeaways...

Maple Finance is a decentralized finance platform designed for institutional lending.

Maple’s permissioned marketplace enables accredited investors and institutions to earn yield on their digital assets and enables institutional borrowers to unlock liquidity through fixed-rate overcollateralized loans.

Maple launched Syrup for a DeFi-native audience, enabling anyone to access yield generated by Maple’s digital asset lending platform.

Maple has grown TVL by more than 6X in the last year to >$600M to become the largest institutional DeFi platform.

The SYRUP token was launched on November 13, 2024 and MPL holders can migrate over at a conversion ratio of 1 MPL to 100 SYRUP.