Figment has collaborated its protocol staking solutions with Maple Finance, which sets itself apart as an innovative leader in the digital asset lending space with its diversified lending solutions. Now that Maple Finance can stake their client’s digital assets, it will provide more security for the network and provide an opportunity to earn rewards.
By incorporating Solana and Ethereum staking capabilities through Maple Finance, these benefits become accessible to a much wider audience, merging traditional finance with digital assets. This progressive move signifies a commitment to pioneering more cohesive and adaptable solutions that cater to the diverse needs of today’s clientele.
Maple Finance further enhances its position as the home of digital asset lending by leveraging Figment’s institutional grade staking service. This collaboration allows digital assets to be staked, enhancing rewards for lenders and providing borrowers access to more competitive borrowing rates while being capital efficient between loan deployments.
"Figment's industry leading staking solutions benefits Maple lenders, enabling them to earn enhanced rewards on their digital assets, while borrowers benefit from more competitive borrowing rates." - Joe Flanagan, Co-Founder at Maple Finance
“Maple’s staking strategy enables active on-chain investors and traders a new opportunity to earn rewards on the two largest proof-of-stake assets. In addition to the benefit that accrues to the customer, Ethereum and Solana are further secured due to more assets being staked.” - Ben Spiegelman, VP, Head of Corporate Development and Partnerships at Figment
Key Features of Staking Solutions with Maple Finance & Figment:
- Maple Lenders gain access to Institutional Staking provided by Figment with their on-chain digital assets; combining the benefits of Maple's transparency and efficiency with Figment’s certified Institutional infrastructure.
- Maple Borrowers benefit from more competitive rates, as the collateral provided to take out loans can be partially staked to enhance rewards for Lenders and increase the overall economic benefit to all participants.
- Maple Finance clients gain from Figment's deep protocol expertise, enabling consistent staking rewards through a 'Safety Over Liveness' strategy.
- This integration brings Figment’s certified staking infrastructure, backed by SOC 2 Type I and ISO 27001 certifications, to Maple Finance clients, ensuring unparalleled security and reliability.
- Maple Finance will benefit from Figment’s optimized staking strategies for both ETH and SOL; designed to maximize annual rewards while minimizing risk. On SOL, users will also be eligible to participate in MEV opportunities by utilizing Jito, a modified Solana Validator, with the goal of enhancing rewards.
About Figment
Figment is the leading provider of staking infrastructure. Figment provides a comprehensive staking solution to over 500 institutional clients, including asset managers, exchanges, wallets, foundations, custodians, and large token holders, to earn rewards on their digital assets. On Ethereum, Figment is the largest non-custodial staking provider of staked ETH on Figment validators. Figment’s institutional staking service offers seamless point-and-click staking dashboard, portfolio reward tracking, API integrations, audited infrastructure, and slashing protection. This all leads Figment’s mission to support the adoption, growth, and long-term success of the digital asset ecosystem.
About Maple Finance
Maple is a leading digital asset lending platform, empowering the digital asset economy with secure, innovative lending solutions. Lending opportunities are tailored to meet diverse liquidity needs, risk appetites, and return expectations and facilitated through Maple’s technology to provide real time monitoring and transparency. Scale your digital asset business confidently with flexible, cost-effective lending solutions sourced from Maple’s broad capital network.
This information is provided for general informational purposes only and should not be considered legal, business, tax, or investment advice. Figment undertakes no obligation to update the information herein.
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