
Syrup.fi by Maple
Syrup.fi is a decentralized lending platform developed by Maple Finance, backed by BlockTower Capital, Tioga Capital, and GSR Ventures to name a few. Syrup.fi is a decentralized finance (DeFi) platform developed by Maple Finance. Syrup.fi is renowned for its high-yield lending opportunities and innovative "Drips" reward system. Since its inception, Syrup.fi has achieved significant growth and delivered exceptional returns for its users. - Total Value Locked (TVL): By the end of 2024, TVL skyrocketed by 1,656%, reaching $562 million. - Total 2024 APY: Delivered an average of 21.3%, composed of a native yield of 12.4% and an additional Drips APY of 8.9%. - Drips Conversion Rate: 4,000 Drips per 1 SYRUP token for the most recent Season 6. - User Engagement: Consistent user participation across multiple seasons, with rewards continuing into Q1 2025.