After a successful September at Syrup, in which TVL rose to $160M - nearly doubling in consecutive months— we’re excited to share results for Drips Season 3.

‍

Season Three participants received an average combined APY of 21.4% in yield and Drip rewards, with an average yield pickup of 10.4% from Drips.

Drips compounded from Season to Season, with participants across Seasons 1 through 3, an average combined yield of 24.3%.

‍

Further, Syrup continued to generate consistent high yield for lenders, amid market volatility. Since inception, lenders have earned a net native APY of 13.5%.

‍

With SYRUP token launch on the horizon, users will continue to earn Drips for participating in the growth of the Syrup protocol. In December, users will be able to one-click convert Drips to staked SYRUP.

‍

Deposit now to maximize your Drips.

‍

Disclaimer:

Please note that Syrup is not available in the US and Australia.

‍