Maple Finance is one of the few assets that has completely reclaimed its pre liquidation cascade price.
Seeing an early trend shift back to a bull trend based on my Ichimoku trend score indicator plus breaking above the downwards trendline.
Fundamentals have never been stronger.
$SYRUP
Some important notes on Maple Finance and how it performed in the market crash:
> Loan book fully overcollateralised. Zero liquidations and zero losses.
> Margin calls for a few Institutional borrowers but collateral was posted to avoid liquidation.
> Highlights Maple's underlying risk management process when it comes to Institutional onboarding.
> Majority of loans are using BTC as collateral and many loans using other assets were swapped to BTC improving loan book quality.
> Utilisation remains unchanged meaning borrower demand still exists despite selloff.
Solid work
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