live, laugh, lever up data + trading @maplefinance
Live, laugh, LEVER UP
Joined March 2018
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fatmac retweeted
there are now two asset managers in the world with more than $1B of onchain AUM
the first is @BlackRock -- $BUIDL now ~$2.5B
the second is @maplefinance
do with this information what you will
fatmac retweeted
DeFi: @sparkfinance depositing to syrupUSDC
Insto: @bitwise depositing to Maple
two of the largest allocators on both sides of the crypto ecosystem moving in the same direction
probably nothing... $SYRUP
A @sparkfinance proposal to onboard SyrupUSDC is now live on the @SkyEcosystem governance forum.
If passed, it will further solidify SyrupUSDC as a bedrock DeFi yield asset. The proposal contains an initial allocation of 25M with the ability to scale it further to 50-100M in USDC deployed.
fatmac retweeted
Years from now, Gensler will try to rewrite his own history: that he was the Chairperson that approved the most significant ETF product of a century, the Bitcoin ETF.
Never, ever, ever give him the satisfaction and always remind the world that he was, in fact, a very small man.
fatmac retweeted
eth was looking good until they decided to come out with a 5 year pilling plan
ffs what are they even doing
fatmac retweeted
July Recap: @maplefinance + @syrupfi 🥞
July was a stellar month for us here at Maple. Despite the summer slowdown in the market, we saw continued growth with TVL now sitting around $310 million and monthly protocol revenues hitting a new all time high.
A large part of the growth can be attributed to the launch of Syrup.fi, our new permissionless yield protocol built on top of the Maple Direct secured lending engine.
In its first month, Syrup passed $40 million in TVL and generated some of the most attractive yields in all of DeFi. Lenders earned 17.2% net APY in USDC, plus an average of 14.8% net APY in rewards from Season 1 of our Drips program, for a total of 32% all-in yield on average.
If you think about where you’d need to go to find that kind of yield in TradFi right now, you’d be looking at illiquid, distressed debt from issuers teetering on the brink of bankruptcy.
Syrup, on the other hand, allows individuals to lend directly to the top institutions in crypto against high-quality, liquid collateral like BTC and SOL. Anyone can look on-chain and see that the Syrup loan book is currently 165% overcollateralized, ensuring downside principal protection.
In Season 2, you can expect more DeFi integrations and more utility for syrupUSDC holders as we continue to build out the ecosystem. Stay tuned.
RT @sidonchain: There's been a lot more attention on @maplefinance recently, and more than a year of building is beginning to materialize i…
fatmac retweeted
Q2 is off to a ripping start @maplefinance. Some recent highlights:
- TVL crosses 175M for the first time since 2022 (65M in TVL inflows in Q2)
- 200M in Loan Originations for Maple Direct since inception in Q3'23
- Secured USDC lending up more than 100% to ~50M in Q2
onwards📈
fatmac retweeted
>protocols tease airdrop by dangling points
>people use protocol to get airdrop
>protocols user/monetary metrics turbo soar
>close 1b private rounds based on said metrics thanks to users
>give 10% airdrop to said users and claim they're being entitled when they ask for more
