Maple Reports $1.89 Billion in Syrup Loan Collateral
Maple has disclosed a total of $1.89 billion in Syrup loan collateral following a CEO update on executive departures and withdrawals.
Maple reported $1.89 billion in Syrup loan collateral, according to a disclosure by the provider. The figure was released following a CEO update addressing recent executive departures and withdrawals from the platform.
Collateral Disclosure
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The announcement provides transparency regarding the backing of loans on the protocol amid leadership shifts. According to the provider, the service does not constitute an audit or assurance engagement.
Key facts
- Maple disclosed $1.89 billion in Syrup loan collateral.
- The disclosure followed a CEO update concerning executive departures and withdrawals.
- The provider stated that the service is not an audit or assurance engagement.
Source: thedefiant.io
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