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Sid Powell ๐Ÿฅž
@syrupsid
CEO & Co-Founder @maplefinance ๐Ÿฅž
๊ฐ€์ž… March 2017
1.7K ํŒ”๋กœ์ž‰ ์ค‘    10.1K ํŒฌ
Robinhood Chain went live a week ago. $140M TVL already, close to $100m of this is seeking yield. @maplefinance is inside that stack generating the yield available to 28m Robinhood users. Good thread from @sandmark_news breaking it down.
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1/ @RobinhoodCrypto is emerging as a new distribution battleground for DeFi. Within a week of Robinhood Chain going live, Uniswap's AMM, Arcus, Lighter and Rialto had all joined the network, with TVL reaching ~$75mn (DeFiLlama), most held in Morpho's lending protocol. Maple's Sid Powell sees Robinhood's 28mn users as retail distribution.
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