At the core of Maple Finance is the SYRUP token, which aligns stakeholders, drives governance, and incentivizes participation. As the governance token of the Maple ecosystem, SYRUP powers two distinct yet complementary product lines: Maple Institutional, which connects institutional capital to high-quality digital asset lending opportunities, and Syrup.fi, a permissionless DeFi protocol that democratizes access to institutional-grade yield. Together, they create a unified financial ecosystem that bridges the gap between institutional lending and decentralized finance.
SYRUP is designed to capture value, incentivize engagement, and ensure that growth is shared across the entire ecosystem. Participants can stake SYRUP to actively contribute to governance, shaping Maple’s future while earning rewards. This fosters a dynamic and engaged community, reinforcing alignment between users and the platform’s long-term success. By combining transparent, secure, and efficient lending solutions with stakeholder-driven governance, Maple strengthens its position as a leading digital asset lending platform.
The SYRUP token not only supports governance but also enhances the overall efficiency of Maple’s lending ecosystem. Through its role in Maple Institutional and Syrup.fi, SYRUP creates a seamless connection between institutional capital and DeFi participants, expanding access to secure, high-yield lending opportunities. This virtuous cycle of participation, governance, and incentives accelerates Maple’s growth, scales its influence, and ensures that all stakeholders benefit from the platform’s continued success.
Explore the tokenomics of Maple Finance(SYRUP) and review the project details below.
What is the allocation for Maple Finance(SYRUP)?
As part of the implementation of Maple's latest governance proposal, MIP-010, the Syrup protocol will mint approximately 1.15 billion SYRUP.
This new issuance does not represent an increase in the token supply but rather a conversion of 1 MPL to 100 SYRUP, with no dilution for MPL token holders.
Previously, the Maple DAO voted to recapitalize the Maple Treasury, introducing a one-time issuance of 1,000,000 MPL and a 3 year emission of 5% per annum. With the conversion of 1 MPL to 100 SYRUP, all issuance from the initial schedule will also be minted as SYRUP tokens, broken down as follows:
1,000,000,000 (new SYRUP supply)
100,000,000 (initial 10% from inflation schedule)
54,930,000 (from inflation schedule till 1st Oct 2024)
Following the approval of MIP-010, a migrator contract allows MPL users to convert to SYRUP, and all issuance and emissions will also be minted as SYRUP tokens.
In line with the agreed token inflation schedule and issuance, the expected supply of SYRUP tokens will be 1,228,740,800 by September 2026.
At the core of Maple Finance is the SYRUP token, which aligns stakeholders, drives governance, and incentivizes participation. As the governance token of the Maple ecosystem, SYRUP powers two distinct yet complementary product lines: Maple Institutional, which connects institutional capital to high-quality digital asset lending opportunities, and Syrup.fi, a permissionless DeFi protocol that democratizes access to institutional-grade yield. Together, they create a unified financial ecosystem that bridges the gap between institutional lending and decentralized finance.
SYRUP is designed to capture value, incentivize engagement, and ensure that growth is shared across the entire ecosystem. Participants can stake SYRUP to actively contribute to governance, shaping Maple’s future while earning rewards. This fosters a dynamic and engaged community, reinforcing alignment between users and the platform’s long-term success. By combining transparent, secure, and efficient lending solutions with stakeholder-driven governance, Maple strengthens its position as a leading digital asset lending platform.
The SYRUP token not only supports governance but also enhances the overall efficiency of Maple’s lending ecosystem. Through its role in Maple Institutional and Syrup.fi, SYRUP creates a seamless connection between institutional capital and DeFi participants, expanding access to secure, high-yield lending opportunities. This virtuous cycle of participation, governance, and incentives accelerates Maple’s growth, scales its influence, and ensures that all stakeholders benefit from the platform’s continued success.