TechFlow news: Maple Finance CEO Sid Powell said that since its inception in May 2021, Maple's 15 lending pools have originated over $2 billion in corporate loans. The company launched on Solana last year and issued approximately $125 million in loans on the blockchain before development was paused in December.
Maple has relaunched on Solana following the April launch of its cash management pool. Since then, it has attracted around $27 million in deposits and is offering participants interest rates of approximately 4.7%, including UXD Protocol, Relm Insurance, and Altitude Fi.
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