# Maple Finance

> Home of Digital Asset Lending.

Maple Finance is an institutional capital network facilitating on-chain lending businesses and connecting institutional lenders and borrowers.


Maple Finance is a platform that enables credit experts to operate on-chain lending businesses, fostering connections between institutional lenders and borrowers. With a focus on the Asia-Pacific region and a recent funding round led by BlockTower Capital and Tioga Capital, Maple Finance continues to innovate in the digital asset space.


- Type: Company
- Sector: Finance
- Status: Active
- Founded: 2022-04-01
- Profile: https://thegrid.id/profiles/Maple_Finance

## Products

- [Maple Finance institutional lending platform](https://thegrid.id/profiles/Maple_Finance): Maple Finance is an institutional capital marketplace built on Ethereum and Solana, providing uncollateralized loans to crypto-native borrowers and yield opportunities for lenders, powered by the MPL token for governance and staking. (Centralised Borrowing & Lending, Live, Main Product)

## Assets

- [Syrup (SYRUP)](https://thegrid.id/profiles/Maple_Finance): SYRUP is the governance token of Maple Finance. It is used for voting on protocol upgrades and parameter changes. A buyback program allocates 25% of protocol revenue to purchasing SYRUP, connecting token demand to protocol earnings. (Governance)
- [stSYRUP (STSYRUP)](https://thegrid.id/profiles/Maple_Finance): stSYRUP is a vault token representing SYRUP deposited in Maple Finance's governance staking contract. It is used to earn protocol fee rewards and participate in governance while SYRUP remains locked in the staking vault. The exchange rate between stSYRUP and SYRUP increases over time as fee revenue accumulates in the contract. (Vault Tokens)
- [syrupUSDC (SYRUPUSDC)](https://thegrid.id/profiles/Maple_Finance): syrupUSDC is a yield-bearing vault token representing USDC deposited in Maple Finance's overcollateralized institutional lending pools. It accrues yield from institutional loans and is redeemable for USDC plus accumulated interest. The token is deployed across multiple blockchains, using ERC-4626 on Ethereum mainnet to standardize vault deposit and withdrawal mechanics. (Vault Tokens)
- [syrupUSDT (SYRUPUSDT)](https://thegrid.id/profiles/Maple_Finance): syrupUSDT is a yield-bearing vault token representing USDT deposited in Maple Finance's overcollateralized institutional lending pools. It accrues yield from institutional loans and is redeemable for USDT plus accumulated interest. The token is deployed on multiple blockchains and follows the ERC-4626 vault standard on Ethereum mainnet. (Vault Tokens)
- [Maple Token (MPL)](https://thegrid.id/profiles/Maple_Finance): MPL was the governance token of Maple Finance. It was used for voting on protocol parameters and staking through the xMPL mechanism to earn a share of protocol revenue. MPL has been replaced by SYRUP through a fixed-ratio conversion and is no longer active in the protocol. (Governance)
- [xMPL (XMPL)](https://thegrid.id/profiles/Maple_Finance): xMPL was a vault token representing MPL staked in Maple Finance's staking contract. Holders received a share of protocol fee revenue while MPL remained locked in the vault. xMPL has been deprecated following the protocol's migration from MPL to SYRUP. (Vault Tokens)

## Links

- [Documentation](https://maplefinance.gitbook.io/maple)
- [Main](https://maple.finance)
- [Twitter / X](https://x.com/maplefinance)

## Legal

This data is provided under two licensing models.

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Model 2 - commercial licenses. The Grid Data Service (TGDS) is also available as a commercial license. See [Web Services Terms](https://about.thegrid.id/legal/web-services-terms) for commercial use that is not covered by the open data service.

The following applies to both licensing models.
- All data is provided AS IS with no guarantees of accuracy.
- The Grid does not provide investment, legal, or tax advice, and
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- [Data Licensing & Disclaimers](https://about.thegrid.id/legal/data-licensing-and-disclaimers): Licensing models and disclaimers
- [Open Data (ODbL)](https://about.thegrid.id/legal/open-data): Open Database License terms and scope for The Grid's open data service.
- [Attribution Guidelines](https://about.thegrid.id/legal/open-data-attribution-guidelines): How to attribute The Grid's data when using the open data service.
- [Web Services Terms](https://about.thegrid.id/legal/web-services-terms): commercial Terms for using data services.
- [All Legal Documents](https://about.thegrid.id/legal): Full index of terms, policies, and disclosures

## Optional

- [TGS Field Descriptions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-field-descriptions.md): Schema field definitions for The Grid's data model
- [TGS JSON Structure](https://github.com/The-Grid-Data/workspace-public/blob/main/references/tgs-json-structure.md): Data model structure and relationships
- [Product Type Definitions](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-definitions.md): Definitions for each product type
- [Product Type Classification](https://github.com/The-Grid-Data/workspace-public/blob/main/references/product-type-classification.md): Guide for classifying products into types
- [Grid MCP Guide](https://github.com/The-Grid-Data/workspace-public/blob/main/grid-search/skills/grid-query/references/grid-mcp-guide.md): How to query The Grid programmatically via MCP