Powered by Maple

Maple Smart Contracts

Maple was founded in 2019 and has been building industry-leading smart contract technology to facilitate institutional lending for all of that time. Syrup utilizes Maple's core smart contract technology by enabling direct access to Maple pools through the Syrup interface and Syrup smart contract router (refer to Technical Resources for further details). Maple establishes new unique pools for Syrup to access to ensure that proceeds and risks are segmented from existing pools accessible to Maple customers. More details on the differences between Maple and Syrup pools, and their benefits, can be found here.

Maple and Syrup Structure

Syrup is a new protocol that provides an interface and smart contract to access Maple pools. The Maple pools that Syrup users deposit to are created solely for access by Syrup users and are completely segmented from opportunities available to Maple customers. The legal structure has been created to reflect the segregation required between Maple and Syrup (refer to Legal section for more details).

Maple Underwriting and Credit

Syrup users benefit from the strong track record and expertise of Maple's institutional credit operations - more on that here. Maple Direct (the lending arm of Maple Finance) is responsible for the underwriting, structuring and management of the loans that are originated in the Maple pools that Syrup access. All loans that provide yield to Syrup will be to large, crypto institutions that post liquid digital assets as collateral. Maple Direct has a strong proven track record in Secured Lending with a network of the largest and most successful institutions in the space as borrowers.

Moreover, Maple's smart contracts and technology infrastructure monitor all loans in real time to ensure adherence to collateral levels, loan terms and financial disclosures and provide transparency for users to verify directly.