Maple Finance Launches $500K SyrupUSDC Rewards Program With 6-10% APY After Surpassing $1B TVL

Maple Finance, a leading decentralized finance (DeFi) lending protocol, has surpassed $1 billion in total value locked (TVL), marking a milestone in on-chain asset management. To celebrate this achievement and encourage further growth, Maple Finance has launched a $500,000 USDC rewards program for holders of its SyrupUSDC product. Users who deposit at least $1,000 into SyrupUSDC between May 1 and May 31 will earn one reward ticket per $1,000 deposited, with a chance to win up to $300,000 in rewards. SyrupUSDC offers an annual percentage yield (APY) of 6-10%, subject to a lock period of up to six months. Maple Finance currently facilitates over $800 million in on-chain lending and specializes in tokenized private credit for institutional investors, positioning itself at the forefront of DeFi innovation in lending, borrowing, and real-world assets.