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Jun 25 3 tweets 1 min read Read on X
Maple x @krakenfx

We've brought asset-backed finance onchain, closing an institutional-grade warehouse facility for Kraken.

The result: Kraken's OTC clients access liquidity against their digital asset holdings, Maple's lenders access senior overcollateralized credit opportunities.
Asset-backed finance powers the real economy, underpinning traditional assets such as auto loans, mortgages, and consumer credit. That hasn't existed onchain. Until now. Fully transparent, verifiable in real time.

This is how financial infrastructure evolves: broader access, greater efficiency, stronger capital formation.

Read the full announcement: maple.finance/insights/maple…
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More from @maplefinance

Apr 19, 2023
Introducing the Cash Management Pool.

Specifically designed as an onchain cash management solution - the pool meets the liquidity, risk and accounting requirements of non-US DAOs, Offshore Companies and Web3 Treasuries.
In times of volatility, good cash management approaches can make all the difference.

Enabling companies to extend runway, hedge against inflation, and manage cash flows.
However many onchain allocators experience challenges accessing banks and brokerages.

This prevents them from participating in offchain options that meet the risk, liquidity and accounting requirements of cash management.
Read 12 tweets
Jun 13, 2022
Celsius lend capital from their own balance sheet and do not borrow from Maple.

They are the only lender into the $20m pool they operate. There are no outside depositors and the pool has no interdependencies with the other pools.

All of this information is on the Maple webapp
Rolling updates on:
1. How Celsius uses Maple as a lender
2. Health of the loan book and steps taken by the Maple team
3. Managing liquidity across the protocol
4. Risk-mitigation built into the Maple protocol

maple.finance/news/updates-o…
Read 5 tweets
May 27, 2022
Contracts are deployed, and we've finessed the UI to perfection...🪄

Here's a step by step, and everything you need to know ahead of Monday...

🥩🥞🥩🥞🥩🥞🥩🥞🥩🥞
Set a reminder for 12PM EST Monday 30th: calndr.link/event/DuG1MBDM…

Why? We're bootstrapping the launch with 30,000 MPL. Emissions will be highest during the first week and gradually go down overtime.
APYs? Long-term APY's are expected to be about 5-10% depending on the amount of MPL staked and protocol revenues.
Read 7 tweets
May 11, 2022
Maple have spoken to all borrowers and confirm none have material exposure to UST/Luna. Staying in contact with all parties and will promptly communicate any changes:
Maple and the Delegates have reached out to all borrowers over the last 48 hours to monitor exposure to UST and the Luna ecosystem. Borrowers on Maple are typically high frequency traders and delta neutral market makers, they rarely yield farming funds.
The majority of these borrowers weathered March 2020 and May 2021 when Bitcoin and crypto markets fell over 50%, and made substantial profits that month because they trade volatility.
Read 8 tweets
Jan 24, 2022
Introducing Loans V2, here’s what we’ve improved...

🔥Transaction efficiency = 90% gas reduction
🔁Capital efficiency; refinancing options and liquidation tools
👨🏻‍🔧Smart contract flexibility to support iterative developments

TS;WM? 1/4🧵@lucasmanuel_eth

maplefinance.medium.com/introducing-lo…
2/4 🧵

👨🏻‍🔧 As we scale our use cases grow, pool strategies become more nuanced and customer needs change so we’ve refactored our smart contracts to facilitate quick, iterative product developments now and into the future.
3/4 🧵

🔁 Loans V1 supported fixed term, fixed rate loans. V2 introduces a refinancing option for improved capital efficiency and a new liquidation module for frictionless collateral liquidation in case that’s needed.
Read 4 tweets
Jan 20, 2022
We’ve acquired @AvariHQ, an uncollateralized lending protocol to rapidly expand to @solana in Q1.

1/8 🧵
2/8 🧵

This makes Maple the first undercollateralized lending protocol to build on Solana and the first institutional credit market place to be multi-chain 🔗💪🏻
3/8🧵

"The acquisition of the Avari team out of Stanford means we can expand to Solana in Q1 2022, and begin to welcome both smaller participants and high-quality players from the Solana ecosystem", @sidbpowell, CEO and Co-Founder, Maple Finance
Read 8 tweets

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