Rating = 71%
Review Date: May 2nd, 2021
Maple Finance is a decentralized corporate credit market. Maple offers borrowers transparent and efficient financing completed entirely on-chain. For liquidity providers, Maple offers a sustainable yield source through lending to diversified pools of crypto’s premium institutions. The Pool Delegates that manage these pools perform diligence and set terms with Borrowers.
The protocol is governed by the Maple Token (MPL), which enables token holders to participate in governance, share in fee revenues, and stake insurance to Liquidity Pools.
Maple has a Liquidity bootstrapping event on Balancer to distribute the Maple governance token to the broader Maple community to decentralize decision-making power. Currently the protocol is not live but the token is trading in Balancer.
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