Description
Maple Finance is a decentralized finance (DeFi) platform established in 2021, aiming to innovate corporate lending through undercollateralized loans, eliminating traditional financial intermediaries. The platform leverages blockchain technology and Ethereum-based smart contracts to manage pools of capital, overseen by experienced Pool Delegates who evaluate borrowers' creditworthiness. Targeted at institutional borrowers, it offers liquidity providers the opportunity to earn yield on crypto assets, thereby promoting a transparent, flexible, and healthy lending ecosystem. Additionally, Maple supports crypto capital markets via Smart Bonds, integrating with Compound for efficient capital flows, paving the way for crypto banks. The total MPL token supply is 10,000,000, with 4,417,985.59 currently in circulation, actively traded across 73 markets. With Maple priced at $20.91 and a 24-hour trading volume of $3,428,292.29, it significantly contributes to the broader DeFi ecosystem, offering rapid, affordable capital access and evolving decentralized finance.
Maple Finance is a decentralized finance (DeFi) platform established in 2021, aiming to innovate corporate lending through undercollateralized loans, eliminating traditional financial intermediaries. The platform leverages blockchain technology and Ethereum-based smart contracts to manage pools of capital, overseen by experienced Pool Delegates who evaluate borrowers' creditworthiness. Targeted at institutional borrowers, it offers liquidity providers the opportunity to earn yield on crypto assets, thereby promoting a transparent, flexible, and healthy lending ecosystem. Additionally, Maple supports crypto capital markets via Smart Bonds, integrating with Compound for efficient capital flows, paving the way for crypto banks. The total MPL token supply is 10,000,000, with 4,417,985.59 currently in circulation, actively traded across 73 markets. With Maple priced at $20.91 and a 24-hour trading volume of $3,428,292.29, it significantly contributes to the broader DeFi ecosystem, offering rapid, affordable capital access and evolving decentralized finance.