NEWS

Beginning week commencing 06/20/22, there may be instances where there is insufficient cash in pools, and Lenders must wait for Borrower repayments. As loans mature over the coming weeks, Borrower repayments will increase the available capital in the pools that can then be withdrawn by Lenders. Lenders will continue to earn interest and MPL rewards during this time.

Orthogonal has been in daily contact with Babel management since Babel halted withdrawals and is focused on protecting the interests of lenders. Celsius and 3AC do not borrow from Maple. Delegates continue active conversations with all Borrowers on their asset composition, and are confident with their exposure to 3AC and Celsius.

Welcome to our ICYMI update from Week 23 2022. This week we’re attending Consensus 2022, reached $1.5 BN loans issued, and the Maple meme contest has launched again.

Welcome to our ICYMI update from Week 22 2022. This week we launched xMPL and 23% of circulating supply is now staked, Genesis joined as the first CeFi pool delegate on Maple Solana, and we launched the Maple merch store!

Meet Cory, who has joined the Maple team as Growth Associate.

From today, Monday 30th May, holders of MPL can put their MPL to work and immediately begin to benefit from Maple’s growth through staking. We are excited to introduce staking to provide protocol participants with the opportunity to receive returns for their long-term participation and work in guiding the Maple protocol.

Welcome to our ICYMI update from Week 21 2022. This week we are getting ready to stake MPL, hit $1.4 BN in loans originated, we were mentioned by Bankless, BTIG and Polygon in some neat comms.

Meet Ryan, who is joining the Maple team as Platform Manager.

Welcome to our ICYMI update from Week 20 2022. We took a look back at 1 year of Maple by hosting a get-together at Permissionless, launched Maple 2.0 with a new brand and website and shared a rolling status update about UST/Luna.

Maple has found product-market fit, and wishes to share growth with participants who take an active role in the protocol. On Monday 30th May, holders of MPL can come to the WebApp, stake MPL and immediately begin to benefit from Maple’s growth.

In the first quarter of 2022 Maple turned a profit for the first time, driven by increased loan volumes and revenue, exceeding the previous 3 quarters combined.

Maple launches on Solana with X-Margin, who immediately issue $42M uncollateralized with capital provided by Circle, Coinshares and Solana natives.