Maple Token

What is MPL and how Does It Work?

Maple Finance operates as a decentralized platform on the Ethereum blockchain, offering a platform for lending and borrowing stablecoins along with engagement in real-world assets like invoices, trade finance receivables, and revenue shares. Those who choose to lend or borrow on this platform can obtain MPL tokens, the platform's native governance token. The possession of these tokens comes with the capacity to vote on various proposals and protocol upgrades. The platform encompasses risk management structures, which range from credit scoring and collateralization to asset diversity adjustments. These structures aim to handle potential risks for participants in both lending and borrowing roles.

Furthermore, the platform allows the creation and structuring of unique lending pools with user-specific terms and interest rates. Maple Finance extends access to the platform's protocol codebase and smart contracts on its active GitHub repository for reference. The team contributing to Maple Finance combines expertise from finance and technology sectors, leading to an environment inclusive of decentralized finance principles. Any individual, whether new to DeFi or seasoned, can easily navigate through the platform, which can be accessed in two ways; via the official interface and the DApp interface. Thorough documentation of platform functionality supplemented with multiple resources is available for users to gain insight and engagement in the network.

How to Buy and Store MPL?

To purchase MPL, Flooz.xyz offers a streamlined process, providing a one-stop solution for all your trading needs. You can trade MPL directly on Flooz.xyz, using their user-friendly platform that ensures a smooth checkout experience. The best part is, you don't even need to own a wallet. Flooz.xyz supports all payment methods, so you can tap tap go and start trading MPL in no time.

But that's not all. Flooz.xyz also offers a self-custodial web wallet, allowing you to seamlessly store, send, and receive MPL tokens. Creating a wallet is quick and easy - you can do it directly on Flooz using your email, Google, or Apple ID. This means you have complete control over your funds, thanks to the power of cryptography.

When you trade MPL on Flooz.xyz, you also benefit from their aggregation and security features. Flooz.xyz aggregates over 50+ providers, ensuring you get the fastest and cheapest payment routes for your trades. This optimized trading experience has attracted over 85,000 active traders on Flooz.xyz. So why wait? Join the Flooz.xyz community and start buying MPL today!

MPL Metrics:

• Current price: $18.5427

• Market cap: $185.43 M

• All-time high: $68.2 (Apr 10, 2022)

• All-time low: $2.65 (Jan 1, 2023)

• Daily trading volume: $132.84 k