FAQ

What is Syrup?

Syrup gives access to consistent high yield in DeFi, based on the lending and smart contract infrastructure of Maple Finance. Once opaque and exclusive, institutional yield is now transparent and available for all. Simply connect your wallet, deposit funds, and start earning interest today.

What is the expected APY?

Syrup has a target net APY of 15% and has delivered consistent yield outperformance compared to leading DeFi lending protocols.

Where does the yield come from?

Maple has a track record of generating higher yield than other DeFi lending protocols. Maple’s yield is derived from providing overcollateralised loans to institutions. These loans have fixed rates and short duration, resulting in consistent, high yield as well as short-term liquidity for Syrup users.

How are the loans protected?

Syrup is powered by Maple’s smart contract infrastructure, which has facilitated more than $4B in loans to-date. Automated collateral management and overcollateralisation ensure that lender principal is protected.

The loans and collateral are transparently shown in the webapp, allowing lenders to verify the performance in realtime. More details on Maple's underwriting and collateral management can be found here.

What is the relationship between Maple and Syrup?

Maple’s digital asset lending platform sources yield from secured loans to institutions, and the Syrup protocol provides broader access to these institutional yield opportunities through DeFi. All loans from Maple and Syrup pools are fully backed by select digital assets, which undergo rigorous risk assessment, and the permissioned nature of the yield source ensures both security and quality. Syrup leverages the same smart contract infrastructure and borrower network as Maple, but offers permissionless access through DeFi. Syrup yield is derived from a blend of Maple High Yield Secured and Blue Chip Chip Secured lending pools.