Quick Notes: Maple Finance - The Bridge to Institutional DeFi
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These quick notes provide a glimpse into how you can gain value using DeFi products. Would you not want to read the full article?
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Quick Notes about Maple
This article focused on the importance of DeFi and Maple’s role in driving adoption through its institutional lending offerings.
DeFi is a mechanism for transparent and efficient finance:
Centralized financial institutions like Celsius and FTX have gone bankrupt in the last year alone
DeFi is peer to peer and decisions are embedded in the smart contracts reducing the risk of points of failure and human error
Unlike the many TradFi and CeFi entities, DeFi platforms are transparent where both parties understand the scope of funds involved
Maple’s protocol only allows for money to be withdrawn only when it is available
Maple enables DeFi to become a viable solution for current institutions:
DeFi is being explored by JP Morgan - they have already executed a cross border transaction using DeFi
Maple onboards market makers on their platform who can give out loans - loans are executed on the Ethereum and Solana blockchains
Maple focuses heavily on the quality of market makers and performs diligence on them - diligence led to Maple off boarding Alameda Research from their platform prior to the contagion
Since its founding in 2020, Maple has executed over 1.5 billion dollars in loans - notable names use the platform like Abra and CoinShares
Tweets of the Week:




Feeling retro? Check out one of my previous articles:
Prepare institutions and businesses for the DeFi revolution by liking and retweeting this tweet. While you are there, follow CryptoJeter on Twitter.
These quick notes provide a glimpse into how you can gain value using DeFi products. Would you not want to read the full article?
If you found extraordinary value from this article, you can show your support by sending a tip to CryptoJeter.eth (crypto wallet) or $CryptoJeter (cash app).
Thanks for your generosity, it allows me to continue sharing content like this.
Opinions are my own!!!
About the Author:
Hey Friends! Thanks so much for checking out the Crypto Jeter newsletter. I’m Austin and I write this newsletter weekly to shine a light on emerging web3 startups and display the innovation and various evolutionary moments impacting the industry.
In 2017, during my sophomore year at Morehouse College, I bought my first fraction of a Bitcoin and have since been inspired by the financial access blockchain technology creates.
Over the last 5 years, I’ve built community and learned so much and am excited to share my thoughts with the crypto ecosystem
I truly enjoy meeting founders, investors, and contributors who are in the crypto space so please feel free to send me a DM on Twitter to @Cryptojeter if you’d like to chat.