We are excited to announce a partnership between Syrup and Turtle Club, which will enable Turtle Club members to receive a boost in Drip rewards.
As part of the partnership, Turtle Club members will receive a 50% boost in Drip rewards, when depositing into Syrup. Drip rewards will convert to the SYRUP token upon its scheduled launch in November 2024.
Further, Turtle Club members that deposit into Syrup will receive a 20% LP boost in Turtle Points. These points convert to $TRT after TGE.
Maple Co-Founder and Executive Chairman Joe Flanagan shared his thoughts on the partnership with Turtle Club: “Partnering with Turtle Club further embeds Syrup into the larger Web3 ecosystem. We’re excited to partner with a leading investment DAO and take further steps to make Syrup a global hub for institutional lending.”
About Syrup
Syrup makes consistent high yield available to everyone in DeFi. The yield is generated by Maple’s digital asset lending platform that provides fixed-rate, overcollateralised loans to institutional borrowers. These short duration loans enable Syrup to provide consistent high yield as well as short term liquidity for users. The strategy has a track record of consistent yield outperformance compared to leading DeFi lending protocols.
Syrup has scaled rapidly since launch and is a trusted source of real, sustainable yield in DeFi.
About Turtle Club
Turtle Club is the first phantom liquidity protocol that democratizes liquidity deals across Web3 without smart contracts or counterparty risks. It is a community-driven investment DAO, distributing profits between members and engaging in decentralised governance. To learn more, visit turtle.club.
Disclaimer
Please note that Syrup is not available in the US and Australia.
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