What is Maple?

Maple (MPL) is a decentralized corporate credit market that aims to provide a transparent and efficient financing platform for borrowers, entirely on-chain. It is governed by the Maple Token (MPL), which allows token holders to participate in governance, share in fee revenues, and stake insurance to Liquidity Pools. Maple aims to be a sustainable yield source for liquidity providers through lending to diversified pools of premium institutions in the crypto space. These Liquidity Pools are managed by experienced investors, known as Pool Delegates. Institutional Borrowers can request resources on Maple, leveraging their reputations to borrow under-collateralized without constant fear of liquidation and margin calls.

How does Maple work?

Maple operates by allowing users to access fixed-income yield opportunities by allocating resources into Liquidity Pools. These pools are managed by Pool Delegates who conduct due diligence and agree terms with Borrowers before funding loans from their designated Liquidity Pool. Borrowers can request resources on Maple and leverage their reputations to borrow under-collateralized. This eliminates the need for constant fear of liquidation and margin calls. Pool Delegates perform due diligence and set terms with Borrowers, providing a solution for Liquidity Providers. 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.

What are the potential use cases for Maple?

Maple aims to provide a platform for institutional borrowers seeking transparent and efficient financing on-chain. It seeks to be a sustainable yield source for liquidity providers through lending to diversified pools of premium institutions in the crypto space. The protocol also allows token holders to participate in governance, share in fee revenues, and stake insurance to Liquidity Pools. This makes Maple a potential tool for institutional investors, liquidity providers, and token holders seeking to participate in the decentralized finance (DeFi) space.

What is the history of Maple?

Maple was founded in 2019 by a team of former bankers and credit investment professionals with the aim of improving upon legacy capital markets. The team sought to combine industry-standard compliance and due diligence with the transparent and frictionless lending enabled by smart contracts and blockchain technology. This led to the creation of Maple, an institutional capital network that provides the infrastructure for credit experts to run on-chain lending businesses and connects institutional lenders and borrowers. Since its inception, Maple has been active in capital markets and is a participant in the DeFi space.