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Cryptonian

01/07 10:17

What Is Maple (MPL)?

MPL is an Ethereum token that powers Maple, a protocol that enables undercollateralized loans for institutional borrowers. MPL can be use to participate in governance, earn fees, and stake to lending pools.
Maple provides borrowers with transparent and efficient financing that takes place on-chain. On-chain transactions are cryptocurrency transactions that take place on the blockchain, the validity of which still depends on the state of the blockchain. For lenders, Maple offers a sustainable source of income by lending to a diverse pool of crypto institutions. Pool representatives who manage these pools do their due diligence and then enter into further terms with borrowers.ecbe7c03.webp

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