π₯³π #SYRUP [Market Addition] Maple Finance (#SYRUP) KRW Market Added feed.bithumb.com SYRUPUSDT: 0,5999 #Bithumb #Listing
π #SYRUP Maple's monthly revenue reached an all-time high of ~$1.4 million in August, up ~360% YoY.
πΈπ #SYRUP Maple Finance has collected $4 billion in deposits, becoming the largest decentralized financial lending protocol in the world. dlnews
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π€ #SYRUP Maple Finance is partnering with Elwood to bring institutional lending strategies to blockchain. coindesk
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ββοΈ #SYRUP Core Foundation obtained an injunction against Maple Finance's competing BTC yield product. theblock.co
β #SYRUP Maple denies Core's allegations, saying they misrepresent the facts. According to Maple, the revenue programs are operated through an independent legal entity, with assets separated from the core business. Risk management measures have been put in place in response to the fall in the value of CORE tokens, with plans for an orderly sale of CORE tokens to preserve lenders' capital. Although hedging mechanisms are in place to protect creditors, due to CORE's legal actions, the token sale cannot proceed as planned.
π΅οΈββοΈ #SYRUP Arkham: A wallet associated with Wintermute has withdrawn $5.2 million dollars worth of SYRUP from exchanges in the past two weeks.