SyrupUSDC is a yield-bearing stablecoin offered by Maple Finance through its Syrup protocol. It allows users to earn yield by depositing USDC into the platform and receiving SyrupUSDC LP tokens.

Key Features

• Yield Generation: SyrupUSDC generates yield from secured loans to large crypto institutions, which are fully collateralized with digital assets.

• Instant Liquidity: Maple Finance has introduced instant withdrawals for SyrupUSDC via Uniswap and Balancer liquidity pools, ensuring fast and seamless redemptions without compromising security.

• Security and Overcollateralization: SyrupUSDC remains fully overcollateralized, maintaining a high level of security.

• Integration and Expansion: SyrupUSDC is being integrated into various DeFi protocols like Morpho Vaults, with plans for additional integrations.