Cega Utilizes Maple’s Infrastructure as a Launchpad
Cega utilizes Maple’s Finance infrastructure as a Launchpad for a liquidity protocol and embodies the culture of protocol composability on Solana.
Cega is a DeFi application built on Solana that creates exotic derivative contracts and consumer-facing staking products for the retail audience.
Introduction to Maple Finance
Maple is a multi-chain institutional crypto-capital network and has rebuilt debt-capital markets on-chain for maximum capital efficiency. Since Maple’s smart contract kit removes time and cost frictions and uses the Solana blockchain for transaction immutability.
Maple is the first protocol to bring undercollateralized lending to Solana after immediate traction on Ethereum.
Furthermore, on Maple, growth-seekers come together:
- credit experts run lending businesses
- protocols like Cega build liquidity programs
- lenders and borrowers unite
As a result, Maple has found product-market fit lending to 30 crypto market makers through pool delegates. Therefore, Maple has issued $1.1BN loans in just ten months and is actively the top player in the institutional DeFi lending space.
Why utilize Maple infrastructure?
As previously stated, Cega utilizes Maple’s infrastructure as a launchpad. By harnessing the Maple platform’s KYC-AML processes, smart contracts, and on-chain accounting tools, in other words, Cega has accelerated its growth and ensured a secure product for users.
This is especially important for what Cega wants to do in issuing its first products.
Integration Benefits:
- Increasing Maple’s utility
- Driving composability
Hence, Cega is incredibly excited about this innovative integration to facilitate Cega’s commercial operations.
About Cega
Cega is a decentralized finance application built on Solana that creates exotic derivative contracts as well as consumer-facing staking products for the retail audience.
About Maple
Maple is a crypto-capital network operating across the Ethereum and Solana blockchains. Maple facilitates efficient credit flows by providing the technology for credit experts to build lending businesses.
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