Great interview with Sid outlining how Maple Finance will scale from $30M ARR to $100M ARR in 2026. A brief summary: > Maple generates protocol revenue from a take rate on the interest paid by borrowers to lends ranging from 65-125bps. > 75% of revenue goes to the treasury to build the balance sheet (future acquisitions) and cover the operational expenses then 25% is directed to SYRUP buybacks when it's trading at a reasonable valuation. > Maple Finance is looking to explore numerous ways of reducing the cost of capital to expand Maple's take rate meaning they will capture a higher take rate from borrower interest whilst maintaining competitive yields. > They are looking to apply arbitrage/carry trade strategies on idle deposits from syrupUSDT/syrupUSDC that are not being utilised by Institutional lenders offering yield whilst waiting for deployment. > Approaching several FinTechs and NeoBanks regarding earn schemes that allows them to plug into a modular part of the Maple Finance stack whether it be BTC backed loans or Altcoins loans for higher yields which will allow them to scale to >$10Bn in AUM. > In conversations with asset managers, credit funds and banks to set up a Institutional BTC loan facility w/ a credit rating from Moody's etc to open up the flood gates for fixed-income mandates. Even if they can scale ARR to $50M then confident Maple Finance will see new all time highs in 2026. $SYRUP