Syrup is thrilled to announce a new integration with Binance Web3 Wallet. The integration enables more USDC and USDT holders to access Syrup’s consistent, high yield from institutional lending.
As part of the integration, depositors into Syrup will earn a 2x boost on Drips rewards. Drips rewards convert to SYRUP token at the scheduled token launch in November 2024.
By integrating with Binance Web3 Wallet, Syrup is tapping into a new audience of Web3 and crypto participants and making Syrup’s differentiated yield offering more ubiquitous throughout DeFi.
Maple co-founder and Executive Chairman Joe Flanagan added commentary: “We are proud to integrate with Binance - one of the leading digital asset exchanges, with one of the most active communities in Web3. This partnership enables this vibrant community to access the consistent, high yield offered by Syrup through institutional lending.”
About Syrup
Syrup makes consistent high yield available to everyone in DeFi. The yield is generated by Maple’s lending platform that provides fixed-rate, overcollateralized loans to institutional borrowers. These short duration loans enable Syrup to provide consistent high yield as well as short term liquidity for Syrup users. The strategy has a track record of consistent yield outperformance compared to leading DeFi lending protocols.
About Binance
Founded in 2017, Binance is a leading digital asset exchange, operating the largest cryptocurrency exchange by daily trading volume. Binance offers spot, futures, and margin trading across a wide array of assets. Beyond trading, Binance offers wallet infrastructure, staking, its own NFT marketplace, fiat on-ramps, P2P trading, and a launchpad for new cryptocurrency projects.
Disclaimer
Please note that Syrup is not available in the US or Australia.
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