Kraken, Maple Bring Wall Street’s Credit Model Onchain
Kraken and Maple Finance launch a crypto-backed lending warehouse, porting Wall Street’s ABS model onchain, while syrupUSDC keeps yield open to any wallet.
-
-
$4B Maple Finance Charges 70bps Vs Wall Street’s 2-and-20
Maple Finance runs $4B in on-chain credit at 70 to 90 bps all-in, undercutting Wall Street’s 2-and-20 and sending the gap to syrupUSDC lenders.
-
Maple Routes 25% Revenue To SYRUP Buybacks After $36M Scar
Maple Finance routes 25% of protocol revenue into SYRUP buybacks. syrupUSDC plugs DeFi wallets into institutional credit yield via Uniswap.
