$syrupUSDC is now live as collateral on
@llamalend v2.
@maplefinance's syrupUSDC is $USDC put to work in Maple's institutional lending book - fixed-rate, overcollateralized loans to creditworthy crypto-native institutions that post liquid digital assets as collateral, with the interest accruing straight into the token. It has grown into one of the largest yield-bearing dollars in DeFi: ~944M syrupUSDC outstanding, inside a protocol holding ~$2.3B.
Now you can post it as collateral on Llamalend and borrow crvUSD against it. The collateral keeps earning Maple's yield the whole time it is deposited — you are no longer choosing between yield and liquidity, you keep both.
$CRV rewards are already live on the new Llamalend v2 gauges.
Built by
@CurveFinance