Syrup is a new decentralized protocol that extends Maple’s expertise in institutional digital asset lending to offer broad access to high quality, secure yields. The Syrup platform enables users permissionless access to secured, institutional lending for the first time.
Syrup has announced a yield program to its users. Users who deposit Circle (USDC) stablecoin on Syrup will receive LP tokens (syrupUSDC). They will also receive additional yield in the form of “Drips.”
Step-by-Step Guide:
- Visit the Syrup website.
- Submit your email address and request early access.
- Syrup has announced a yield program to its users.
- Users who deposit Circle (USDC) stablecoin on Syrup will receive LP tokens (syrupUSDC) and additional yield in the form of ‘Drips.
- Holders of MPL, Maple’s native token, will also be able to migrate to the SYRUP token on a one-for-one basis.
- Stay tuned for more official announcements regarding the yield program.