Maple

Maple

MPL
$20.82%9.20

Key Metrics

Price$20.82
Real Volume (24H)$2,606,492.75
Marketcap$91,966,824.32
Fully Diluted Valuation$32,243,724
ATH$68.2
ATH Date4/10/2022, 4:21:44 PM
ATL$3.16
ATL Date12/24/2022, 12:56:06 AM
Circulating Supply7.8M
Total Supply10M
WebsiteN/A
WhitepaperN/A
Popularity Rank462
Chart
What is Maple?

Maple Finance is a blockchain-based platform that aims to revolutionize the capital markets with digital assets. The company seeks to provide a new level of efficiency and transparency to institutional borrowing by offering under collateralized loans, while also providing income opportunities to lenders.

Maple’s unique approach to lending emphasizes scalability, sustainability, and security. The platform allows borrowers to access financing efficiently, while lenders can earn sustainable income from a diverse pool of crypto institutions. To ensure the safety of the platform, Maple is audited by multiple third-party companies and is secured with smart contract insurance.

The governance token of the Maple protocol is MPL. MPL tokens grant holders the ability to participate in governance, earn fees, and stake in lending pools. With its adoption of the ERC-20 and ERC-2222 token standards, MPL provides standard token behavior and profit distribution.

As Maple moves towards decentralization, MPL holders play a crucial role in governance. They can vote on proposed changes to the protocol, including adjusting fees, minting or burning MPL tokens, and other important protocol-level decisions. MPL holders can also delegate their voting rights if they do not wish to participate in governance. The use of fees charged to the Treasury can also be voted on by MPL holders.

The Maple team consists of experienced individuals, including James Baulcomb, the head of talent acquisition, Erick Dagenais, the smart contract engineer, and Joe Flanagan, the co-founder of Maple. Other team members include Daniel Kim, the head of capital markets, Mack Macke, the sales operations representative, Quinn Thompson, the head of growth, and Jack Casey, the software engineer. With their expertise and commitment to innovation, Maple Finance is poised to bring meaningful change to the capital markets through digital assets.

Maple Finance was founded in 2020 with the goal of revolutionizing the capital markets through the use of blockchain technology. The platform has since been built and launched, offering institutional borrowers access to transparent and efficient financing, while providing lenders with a sustainable source of income through loans to a diversified pool of crypto institutions.

One of the key benefits of Maple is its scalability. As borrowers build their track record and grow their businesses, loan opportunities also increase, allowing users to access funds efficiently. The platform also prioritizes sustainability, offering DeFi yields from a profitable and diversified pool of accredited borrowers, while mitigating default risk through protective capital reserves.

Security is also a top concern for Maple, which is why the platform is audited by multiple third-party companies and secured with smart contract insurance. MPL, the governance token of the Maple protocol, enables holders to participate in governance, earn fees, and stake in lending pools.

As the Maple protocol moves towards complete decentralization, MPL holders are given the responsibility of governance. They can vote on proposed changes to the protocol, such as adjusting fees, minting or burning MPL tokens, and other protocol-level changes. MPL holders also have the option to delegate their voting rights if they choose not to participate in governance themselves.

The Maple team is comprised of experienced individuals from various backgrounds, including head of talent acquisition, James Baulcomb; smart contract engineer, Erick Dagenais; and co-founder, Joe Flanagan. Other team members include head of capital markets, Daniel Kim; sales operations representative, Mack Macke; head of growth, Quinn Thompson; and software engineer, Jack Casey.

In conclusion, Maple Finance is a blockchain-powered institutional capital market that offers a new way of accessing financing and income opportunities. With a focus on scalability, sustainability, and security, Maple is poised to make a significant impact on the digital economy.

Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

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