Funny part is Maple similar to Ethena essentially subsidizes their stablecoin via tokens. I guess the benefit of your token going up a few multiples is it keeps the yield steady. Syrup does benefit from fully unlocked and buyback.
Drips Season 10 syrupUSDC delivered 8.93% average total APY for users, outpacing DeFi peers by 2-3%. Drips APY increased for all users compared to season 9, showing Maple's growth flywheel in full effect. Users earned up to 30% with DeFi strategies. All details below:
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.