🟠 2 Major announcements for @Maple rolled out this week.

Maple has introduced a new transparency section on its website, where users can now track, among other things, its revenues, the evolution of each product, AUM, APYs, and the metrics that matter.
Today, Maple is deeply embedded in the institutional sector, which is precisely why transparency is non-negotiable.
👉 On that note, Maple has signed a partnership with @fx to launch the first “fully on-chain warehouse facility.” The goal is to fund Kraken’s OTC lending program, which serves institutional clients and large portfolio holders.
Put simply, a warehouse facility is a revolving credit line. In this case, Kraken issues USDC loans to its clients, who post BTC or ETH as collateral, while Maple provides the revolving funding line behind it.
It’s the same model as in TradFi, except everything runs on-chain.
📈 Year to date, Maple already generated ~$9.6M of cumulative revenues, driven by its growing product suite: ethereum:0x643c4e15d7d62ad0abec4a9bd4b001aa3ef52d66 for DeFi-native yield, Maple Institutional for secured lending, Cash Management for on-chain treasuries, and now warehouse facilities for institutional credit programs.