Maple Finance(SYRUP)

Overview

Maple Finance is an on-chain lending protocol aimed at institutional participants, operating a lending engine in which loans are overcollateralized by digital assets. The protocol is designed to combine institutional lending practices, such as underwriting and collateral management, with on-chain settlement used in DeFi.

Syrup is a product from the same team that provides permissionless access to Maple's lending engine and integrates with external DeFi protocols including Balancer and Pendle Finance. SYRUP is the token used within this ecosystem, with its structure tied to lending and deposit activity on the platform.