Maple (MPL)

Maple (MPL)

Rank #558

$5.02

0.11%

0.0002 BTC

MPL
USD

MARKET CAP

$22.196M

ALL TIME HIGH

$68.32

VOLUME 24H

$549.827K

CIRC. SUPPLY

4.418M

VOL/MCAP

2.00%

TOTAL SUPPLY

10M

DILUTED MCAP

$50.24M

MAX SUPPLY

10M

1H USD

1.2%

24H USD

0.11%

7D USD

66.03%

30D USD

37.24%

60D USD

0%

90D USD

0%

Tag:

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Maple Price Chart

24h Change

0.11 %

Maple - MPL Profiles

What is Maple (MPL)?

Maple (MPL) is known as a decentralized Borrowing protocol, targeting the customer segment that is crypto-related organizations and individuals who need to borrow capital such as crypto investment funds, market makers. , exchanges, crypto mining companies, etc.

Maple Protocol designs a P2P architecture with Liquidity Pools-funded loans, allowing investors to access a diverse pool of high-performing, institutionalized loans.

In addition, Maple Finance is also considered a decentralized corporate credit market. The financial resources that Maple provides to borrowers are always transparent.

Maple's main goal is to provide Under-collateralized loans to businesses that are completely decentralized. The idea of ​​the project originates from the fact that organizations and investment funds (such as Alameda Research, Coinbase, Multicoin Capital, etc.) have a need to use capital in the process of investing in the project. Therefore, Maple is built as a protocol that allows funds to borrow under collateral from Liquidity Pools.

What is Maple (MPL) | What is Maple token | What is MPL token

Which objects participate in Maple?

Liquidity Providers

Those who provide liquidity to the Pool to earn additional fixed profits based on the borrower's terms. At the same time, they also receive the corresponding MPL coin mining reward.

Pool Delegators

These are trusted asset managers who help launch and manage the loan pool on Maple. They will be responsible for operating the Liquidity Pool.

Borrowers

Borrowers are organizations seeking working capital. Borrowers are investment funds, exchanges, centralized lenders, cryptocurrency miners, etc.

Stakers

Stakers are the people who provide insurance for the Pool by placing tokens in public lock-in contracts. These tokens will be liquidated by default. Joint stock companies receive 1% interest from the group of borrowers.

How does Maple work?

Liquidity Providers (LPs) deposit funds into the Liquidity Pool to fund loans and earn profits. In return, they receive an LP token representing their market share in the pool.

Pool Delegate is responsible for managing each pool. They execute and agree terms with the Borrower through smart contract technology. Pool Delegates are required to stake MPL tokens in their Pool to offset default errors, aligning their offers with Liquidity Providers.

Borrowers request funds from the platform by creating a Loan Vault (holding collateral and receiving funding) and entering the requested loan terms. Once these terms are agreed with the Pool Delegate, the Borrower can withdraw the requested funds for a fixed term, at a fixed rate and at a fixed collateral level.

Maple Token (MPL) holders will participate in the protocol in the following ways:

  • Savvy MPL holders can earn extra profits by staking into liquidity pools. Staking provides a provision that covers defaults in return for a portion of ongoing fees
  • As Maple moves towards full decentralization, MPL token holders will be able to submit proposals and vote on changes such as adding Team Delegates, adjusting fees and staking parameters, and voting on distribution. additional establishment fees accrue to Maple's coffers.

Roadmap

H2 ROADMAP Landscape

Read Full Article: Click Here

People

We found 5 people related to mpl-maple, include CEO and Co-Founder Sidney Powell

Organizations

We found 10 organizations related to Maple has Circle, anchorage digital, immunefi, Gemini, fireblocks, gonosis safe, TRM, code4rena, MetaMask, Coinbase

Maple Price Live Data

MPL Price

$5.02

Trading Volume

$549,827.35

All Time High

$68.32

1hour Change

1.20%

24hours Change

0.11%

24hours Range

-0.11%

24hours Low

$14.99

24hours High

$15.48

Liquidity ±2%

$0.00

Bids -2%

$0.00

Asks +2%

$0.00

Market Cap

$22.20 M

Fully Diluted Market Cap

50.24 M

Circulating Supply

4.42 M

Total Supply

10.00 M

Max Supply

10.00 M

Maple Markets

See All Market
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