Syrup LP Deal

Syrup is a layer built on top of Maple, which is a protocol for a decentralized corporate credit market that provides capital to institutional borrowers on the Ethereum mainnet.

Action

Deposit to start earning

Bonus

+33% points

Description

Syrup — Permissionless Access Layer for Institutional Credit Pools

Syrup is an infrastructure protocol built on top of Maple Finance — a decentralized credit platform on Ethereum that provides capital to institutional borrowers. Syrup simplifies access to Maple’s yields by abstracting away the complexities of its permissioned system and making participation open and secure for anyone.

How Syrup Works

By integrating with Maple’s credit pools, Syrup enables:

  • SyrupRouter — the main contract where users deposit assets and receive LP tokens (e.g., syrupUSDC).

  • Users can deposit USDC and instantly start earning from fully collateralized, fixed-rate institutional loans.

Benefits and Security

  • Permissionless Access — no whitelisting, no onboarding hurdles.

  • Institutional-Grade Yield — fixed-rate loans with ~15% APY and no historical defaults.

  • Security — SyrupRouter and underlying contracts are backed by 7+ audits (including Spearbit and Three Sigma).

  • Transparency — built on ERC-4626, allowing for clear onchain tracking of yield and positions.

Deal Status

A private LP deal through our Telegram channel was previously available.
The deal is now closed.

Open project