Syrup’s platform enables users permissionless access to secured, institutional lending for the first time. By depositing USDC into the platform, users receive LP tokens (syrupUSDC) and begin earning yield immediately. All of the yield generated by Syrup is sourced from secured loans to the largest institutions in crypto, fully collateralized with digital assets.

Maple’s smart contract infrastructure, institutional network, and underwriting framework provide Syrup users with access to high-quality yields securely.

As the ecosystem and TVL grow, Syrup will partner and integrate with other major DeFi protocols to access the benefits of interoperability. Users will be able to access AMMs for enhanced liquidity and post syrupUSDC as collateral on other protocols. Syrup will become one of the major bedrock yield assets across DeFi.

Drips Reward System

Early users of Syrup will be rewarded through an innovative points system named “Drips” which translates user engagement into tangible rewards. Participants will earn Drips for depositing USDC into Syrup. With additional reward boosts for locking their deposits for up to 6 months. At launch, Syrup will target 15% yields in USDC with additional yield provided from Drips.

In conjunction with its launch, Maple and Syrup will introduce the SYRUP token to invigorate and grow the community. MPL token holders will be able to migrate to the SYRUP token on a one-for-one basis with no additional dilution planned. Drips will be converted to SYRUP for those that supported the launch and initial growth period by depositing into Syrup. Upon the launch of the SYRUP token, holders can stake it to participate in the growth of the Maple and Syrup ecosystems.

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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.

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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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