Ethereum
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-2.98% last 24h
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Market cap
24h vol
Holders
Total liquidity
-
Balance: $0
($53.89 M)
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CoinMarketCap.comMaple 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.
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MPL Metrics:
Current price: $17.2955
Market cap: $71.78 M
All-time high: being indexed (being indexed)
All-time low: being indexed (being indexed)
Daily trading volume: $38.52 k
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