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Maple Finance Reports $1.89 Billion in Syrup Loan Collateral

(22 hours ago) · 1 source · Summarized by CryptoBipto

Maple Finance has reported that its Syrup lending product holds $1.89 billion in loan collateral. The figure highlights the scale of institutional lending activity on the decentralized finance protocol.

WHY IT MATTERS

In traditional banking, when someone takes out a loan, they often have to put up something valuable as collateral — like a house for a mortgage.

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SOURCES

  • thedefiant.io

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DeFiInstitutional LendingMaple FinanceCollateral