Maple

Lenders in the High Yield Secured program earned a net annual percentage yield (APY) of 20.01% in May, according to the announcement. The update highlights the consistent performance of the lending program in delivering attractive returns to its participants.

Maple, a decentralized finance platform, announced the launch of Syrup.fi, a new product aimed at making institutional yield widely available. Within just 48 hours of the announcement, the company reported receiving 1,000 sign-ups across various platforms from individuals interested in joining the initiative. Maple has provided a link for interested parties to check the details and sign up for early access.

The recently launched Bitcoin (BTC) lending pool, offering a targeted net annual percentage yield (APY) of 7-9%, has reached its capacity this month following a strong launch. The pool operators plan to increase the facility's size next month to accommodate more participants. Interested parties are advised to join the waiting list.

Maple Finance, a decentralized lending platform, has reported that its fixed-rate loans maintained consistent interest rates throughout the volatile month of April. The platform's High Yield Secured Lending Pool saw a significant increase in total value locked (TVL), rising by over 50% to approximately $13 million last week. Lenders in the pool earned a stable annual percentage yield (APY) of 20%. Maple Finance also highlighted that its collateral levels were swiftly replenished during periods of volatility, preserving the health of the loans and ensuring stable interest payments.

A partnership has been established with Alchemy Platform to introduce new functionality to the ERC-6900 ecosystem. This collaboration aims to enhance the capabilities and offerings within the specified blockchain protocol.

Maple Finance, a leading institutional lending platform, has announced the release of Global Permissioning, a new feature designed to enhance the lender experience and position the company for future scalability. This exciting addition to their stack aims to streamline the lending process and provide greater flexibility for institutional lenders. Further details on the Global Permissioning feature can be found in Maple Finance's latest Insights article.

Maple Finance will be hosting a webinar on Wednesday, May 1st at 11am EST. The webinar will cover topics such as global permissioning, the launch of the BTC lending pool, and updates on performance. Additionally, a guest speaker will be featured during the event. Interested parties are encouraged to sign up for the webinar through the provided link.

Maple Direct, a lending platform, has introduced a new Bitcoin (BTC) lending pool with a target annual percentage yield (APY) of 7-9%. The first loan from this pool has already been issued. Access to the lending pool is available only for accredited investors through Maple Direct's refreshed web application, which also offers cash management solutions, real-world asset lending, and digital asset lending.

Maple Finance, a leading decentralized finance platform, has announced its partnership with Anchorage Digital, a regulated digital asset bank. Anchorage Digital will serve as a custodian for lending arrangements facilitated by Maple Finance. This collaboration aims to provide institutional lenders and borrowers with enhanced security and peace of mind by ensuring that collateral pledged to Maple Finance will be securely held at Anchorage Digital Bank, a qualified custodian. The partnership underscores Maple Finance's commitment to offering robust and compliant financial services to its accredited investor community.

Maple Finance, a decentralized finance platform, has announced collaborations with several leading institutions in the cryptocurrency space, including custodians. The company promises to provide more details on these partnerships later this week. According to Joe DeFi, a prominent figure in the DeFi community, these relationships will bring benefits such as cash management solutions, real-world asset lending, and digital asset lending for accredited investors through Maple Finance's updated web application.