$USDC the native token of the Maple Finance protocol, specialized in over-collateralized institutional loans in DeFi  . By depositing USDC, users receive LP tokens (syrupUSDC), generating income through secured loans to crypto institutions . SYRUP replaces the MPL token, with a conversion of 1 MPL for 100 SYRUP . Holders can stake, vote in governance, and receive recurring income, part of which is redistributed through buybacks . As of May 2025, the protocol managed over $1.6 billion in assets