Binance will list Maple Finance (SYRUP), Kamino Finance (KMNO) and is expected to open Spot Trading for these trading pairs on 22:00 5/6/2024 (Vietnam Time)
- Specifically, the new Spot Trading pairs are: SYRUP/USDT, SYRUP/USDC, KMNO/USDT, and KMNO/USDC.
- Users will be able to deposit tokens on the exchange for trading around one hour later.
- Users can withdraw tokens one day after that.
- Listing Fee: 0 BNB
Note: These tokens will be tagged with Seed Tag. The withdrawal time is only an estimate, and users need to check the actual status on the withdrawal page.
For more details, you can read here: Binance Will List Maple Finance (SYRUP) and Kamino Finance (KMNO) with Seed Tag Applied | Binance Support
Maple Finance is a decentralized lending protocol (DeFi Lending Protocol) operating primarily on blockchains like Ethereum and Solana. Unlike traditional lending platforms based on high collateral, Maple focuses on an under-collateralized lending model, especially for reputable Web3 organizations and projects.
The platform allows pool delegates (fund managers) to build and operate lending pools by screening, approving, and allocating capital to borrowers. Regular users can deposit money into these pools to earn interest, creating an attractive passive income model in the DeFi ecosystem.
Kamino Finance is a DeFi protocol operating on the Solana network, focusing on liquidity optimization and DeFi investment strategy automation. Initially, Kamino stood out for its automatic liquidity management on AMMs like Orca and Raydium, helping users optimize yields from liquidity provision.
Recently, Kamino has expanded into a lending and leveraged yield farming platform, allowing users to borrow and lend assets and participate in farming with leverage in a simple way, optimizing capital efficiency in the Solana ecosystem.
