Syrup Seasons 1 to 4: 21.0% Average APY

1 Minute · Nov 04, 2024

Syrup Seasons 1 to 4: 21.0% Average APY
Gleb Shumakov

Gleb Shumakov

Editor and Community

Season 4 Drips results are live, reflecting double-digit total APY for Syrup users since the launch of the program. For Season 4, Drips convert to SYRUP at a ratio of 3000 to 1.

Since the launch of Syrup, Drips rewards participants have received an average total yield of 21.0%. This is comprised of an average yield pickup of 10.18% from Drips rewards, alongside consistent high yield.

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For Season 4, participants received an average total APY of 16.5%, with a 6.8% pickup from Drips.

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Users will be eligible to begin claiming their Drips starting 15 December. Once claimed, will be able to one-click convert their Drips to staked SYRUP and begin earning rewards from SYRUP staking.

There is still time to earn Drips, and rewards will continue into Q1 2025. Season 5 is currently live, and users can view their Drip rewards on syrup.fi.

Disclaimer:

Please note that Syrup is not available in the US and Australia.

Gleb Shumakov

Gleb Shumakov

Editor and Community

Gleb leads editorial and community at Maple, producing content that helps institutions and onchain investors navigate digital asset lending, yield, and onchain credit markets.