syrupUSDG SYRUPUSDG
SYRUPUSDG
1.008
$
0.10 %
Change 24h
Market Cap
$ 113,965,000
Volume 24h
$ 19,469
Circulating Supply
113,104,000
Total Supply
89,731,800
Website
Social
SYRUPUSDG
$
Description
syrupUSDG is a new Syrup asset that brings Maple's institutional credit strategies to Global Dollar (USDG), the regulated stablecoin issued by Paxos. It provides exposure to Maple-originated lending strategies, with returns generated by the interest institutional borrowers pay on overcollateralized loans. Maple is the credit engine behind the strategy, responsible for origination, risk management, and transparency reporting, and has originated more than $22B in loans since 2022, across multiple market cycles. Loans are secured by collateral worth more than the loan itself, and loan, allocation, and collateral information supporting the strategy is designed to be verifiable onchain through Maple's Proof of Reserves.