ICYMI: Week 21 updates from Maple
Welcome to our ICYMI update from Week 21 2022. This week we are getting ready to stake MPL, hit $1.4 BN in loans originated, we were mentioned by Bankless, BTIG and Polygon in some neat comms.
Get ready to put your MPL to work on May 30th, and immediately begin to to benefit from Maple’s growth.
Set a reminder: https://calndr.link/event/DuG1MBDMTy
This week we deployed the xMPL smart contracts and put the finishing touches to the UI. We’re ready, are you?
What to do 12.00 EST on May 30th:
Visit https://app.maple.finance/#/stake and connect your wallet with your MPL balance.
Enter the amount of MPL you wish to stake, and proceed. You will pay gas just once.
Let your MPL grow and compound as protocol revenues grow, unstake your position at anytime.
Everything else you need to know about MPL staking can be found here: https://maple.finance/stake
Maple Milestone: $1.4BN loans issued in 1 year
Just two months after hitting $1BN in loans originated, Maple hits a huge milestone of $1.4 BN. Despite the markets being down, TVL in DeFi dropping, we’ve been capturing liquidity and issuing loans to crypto blue-chips. Onwards.
Wen Merch Store????
We shared a sneak peek of the Maple merch store that’ll launch sooooooooon ;)
Neat comms:
Polygon featured Maple in an in-depth article about the crypto loan economy.
We were mentioned in the Bankless newsletter as one of the best yield opportunities in DeFi.
Next week:
MPL staking launches May 30th.
The Maple Merch Store might open, maybe, idk.
Maple Meme Contest opens again.