What does Maple do?
Maple (CRYPTO:MPL) is a decentralized lending platform that connects institutional borrowers and lenders to provide and receive capital on-chain. It uses a pool-based structure that allows borrowers to tailor their loan terms to their specific needs, while lenders can participate in pools that match their risk appetite and investment goals.
Maple is powered by the MPL token, which is used to pay for transaction fees and to access premium features on the platform. MPL holders can also stake their tokens to earn rewards.
The Maple team is currently working on a number of projects, including expanding the platform to support new asset classes, developing new risk management tools, and making Maple more accessible to individual borrowers and lenders.
The Maple team's overall objective is to build a decentralized lending platform that is more efficient, transparent, and accessible than traditional lending markets. The team believes that Maple has the potential to revolutionize the way that capital is allocated in the digital economy.