Good news, blockchain fans! ๐ Maple Finance is launching a direct lending program to fill the void left by now-bankrupt lenders like Celsius and BlockFi. Maple Direct aims to meet the growing demand for digital native lending in the Web3 space, just as traditional banks still can't seem to figure it out.
Launching in July, the first lending pool will focus on infrastructure, asset management, and liquidity providers. Maple Direct is perfect for crypto funds, DAOs, VCs, and more looking to earn yield on their investments. Don't worry though, the platform's existing services will continue to run alongside the new program.
This is just another example of blockchain's resilience and adaptability in the face of challenges. Keep on shining, Maple Finance ๐