What is a Maple Finance Coin?
SYRUP is the native token of Maple Finance, a decentralized finance platform launched in 2019. The platform is designed to facilitate institutional lending by connecting accredited borrowers with liquidity providers through blockchain-based infrastructure. Maple Finance provides fixed-rate, over-collateralized loans, creating a secure lending environment and allowing liquidity providers to earn consistent yields.
The project focuses on improving traditional capital markets by integrating blockchain technology and smart contracts to ensure transparency and operational efficiency. Maple’s core lending platform caters to institutional users through a permissioned marketplace, while Syrup extends these lending opportunities to a broader decentralized finance (DeFi) audience. Syrup allows individual users to access the same yield opportunities available to institutions by participating in Maple's onchain private credit markets. #Syrup $SYRUP
