Sid Powell 🥞

Sid Powell 🥞

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Co-Founder @maplefinance 🥞 | DeFi^2 Builder | Dollops of founder advice at http://moneylego.substack.com

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Sid Powell 🥞

Great article by @Blockworks_ on @maplefinance and $SYRUP fundamentals "Among protocols with more than $3 billion in deposits, Maple has been the fastest-growing in every quarter this year except Q3" "One of the attractive selling points of syrupUSDC is the sustained high yield, linked to stable demand from Maple’s institutional client base. syrupUSDC has outperformed all other benchmark yields in the cohort year-to-date" twitter.com/syrupsid/status/20...

Sid Powell 🥞

BlackRock has $BUIDL. @maplefinance has syrupUSDC and syrupUSDT. Now integrated across the largest protocols in DeFi! The difference? Our yield assets are composable. This is Onchain Asset Management!

syrupUSDC and syrupUSDT are now integrated across Aave, Fluid, Jupiter, Spark, and Kamino. Maple's yield dollar assets continue to scale across DeFi through sustainable yield mechanics and meaningful integrations with leading protocols.

Sid Powell 🥞

Maple Finance sunsetting SYRUP staking and instead utilising 25% of protocol revenue to be used as buybacks. Suggested this awhile ago given staking yield is just extra supply pressure. Now as Maple continues on it's high growth path we can expect sustainable bids on the

Sid Powell 🥞

Maple is excited to bring curated institutional yield to @arc

Arc Public Testnet is now live. Open to developers and enterprises globally, Arc is the Economic OS for the internet that unites programmable money and onchain innovation with real-world economic activity. Start building: http://docs.arc.network Learn more:

Sid Powell 🥞

The @PlasmaFDN syrupUSDT Vault has been fully subscribed in under one minute. A total of $200M USDT TVL will now be earning syrupUSDT interest, Drips rewards and XPL rewards (Post TGE). Trillions.

Sid Powell 🥞

100% agree with @MapleLeafCap. Even the TAM of overcollateralized lending against BTC could surpass $200b over the next 2-3 yrs. BTC backed lending is $20-25b today, or 1% of $2T BTC Mkt Cap. At only 5% penetration and a BTC price of $230k in the next 2-3 years, overcollateralized lending is a $200b market. @maplefinance is positioned to capture this!

I used to think that over-collateralized lending is too small a market and DeFi must tackle un/under-collateralized lending to scale. After all, TradFi's unsecured / uncollateralized lending market is huge vs. collateralized. I no longer think that. When we get to tokenize

Sid Powell 🥞

We’re excited to share that @syrupsid will be speaking at Korea Blockchain Week this month. Come listen to the discussion around the state of crypto yield and the future of onchain asset management. Looking forward to seeing you there. twitter.com/maplefinance/statu...

Sid Powell 🥞

100% agree with @gdog97_ that the spreads in crypto credit will attract billions in TradFi capital. DATs and ETPs have established the new form of vehicles through which this capital can be mobilized and deployed onchain at scale.

One of the most important themes in the next 12 months will be widening crypto credit spreads to falling risk free rates, discussed 45min in the link below. DeFi in the last cycle lived in a vacuum with no real connective tissue to legacy fixed income markets. Now as rates fall

Sid Powell 🥞

Ethereum settled $14.26 T in stablecoins over the past year. With the GENIUS Act being signed into law, this is going to grow exponentially. It will trigger a huge move towards Onchain Asset Management which @maplefinance stands to capture twitter.com/syrupsid/status/19...

Sid Powell 🥞

Agree with @mcagney at 15:20 that the impact of DeFi will be narrower banking model where most capital markets activity shifts onchain with DeFi. @maplefinance is capitalizing on these three trends: - Stablecoin growth - Private credit taking share from banks - Asset management shifting onchain

.@mcagney CEO of @FigureMarkets joins the @theaubservation to discuss: - $15B+ in RWAs - Stablecoins replacing deposits - Permissioned DeFi - The future for Figure Markets get your crypto-backed loan with Figure: http://go.figure.com/aubservation

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