Maple Launches Syrup: Institutional Yield Unlocked
May 28, 2024

Maple is excited to announce the launch of Syrup — a new protocol powered by Maple that provides institutional yield to the wider DeFi ecosystem. Syrup combines the strength and security of Maple's renowned lending infrastructure with the flexibility and inclusivity of DeFi.

Sign up for early access here

Institutional Yield Unlocked

Syrup's platform enables users permissionless access to secured, institutional lending for the first time. By depositing USDC into the platform, users receive LP tokens (syrupUSDC) and begin earning yield immediately. All of the yield generated by Syrup is sourced from secured loans to the largest institutions in crypto, fully collateralized with digital assets.

The combination of Maple’s robust smart contract infrastructure with its institutional network and underwriting framework that has originated $4bn in loans to date, ensures Syrup users can access high quality yields with confidence.

As the ecosystem and TVL grows, Syrup will partner and integrate with other major DeFi protocols to access the benefits of interoperability. Users will be able to access AMMs for enhanced liquidity and post syrupUSDC as collateral on other protocols. Syrup will become one of the major bedrock yield assets across DeFi.

Join the community on Telegram and follow Syrup on X

Drips Reward System

Early users of will be rewarded through an innovative points system named “Drips” that translates user engagement into tangible rewards. Participants will earn Drips for depositing USDC into Syrup, with additional reward boosts for locking their deposits for up to 6 months. At launch, Syrup will target 15% yields in USDC with additional yield provided from Drips. 

In conjunction with its launch, Maple and Syrup will introduce the SYRUP token to invigorate and grow the community. MPL token holders will be able to migrate to the SYRUP token on a one-for-one basis with no additional dilution planned. Drips will be converted to SYRUP for those that supported the launch and initial growth period by depositing into Upon launch of the SYRUP token, holders will be able to stake their SYRUP to share in the growth of the combined Maple and Syrup ecosystems.

More details on Drips and $SYRUP

Syrup Launch Webinar

To celebrate the launch and dive into the product, timelines and the benefits for the Maple Ecosystem - we are hosting a webinar on Tuesday June 4th at 2PM ET.

During the webinar we will discuss:

  • Differentiated real yield - Lending to institutions transparently backed by digital assets
  • Powered by Maple — the leading Digital Asset Lending platform
  • Rewards program - early and loyal users earn Drips to share in the growth of Syrup
  • Seamless DeFi access to Institutional Lending
  • Roadmap and timelines for launch

Sign up for launch webinar

Join Syrup on this Journey

The launch of Syrup will reshape the landscape of decentralized finance by providing a bridge between traditional institutional lending and innovative DeFi solutions. As we roll out this new platform, we invite investors, blockchain enthusiasts, and financial pioneers to join us in this exciting new chapter.


Thank you,

The Maple Team