Maple Finance and its community support a proposal to end the SYRUP pledge and move to a revenue-based token repurchase model.
According to the new plan, Maple Finance will stop providing collateral rewards to SYRUP tokens and instead increase the token value through a project revenue-driven token repurchase mechanism, thus achieving long-term stability and linking the token value to the actual business performance of the platform.
According to Snapshot data, the proposal (MIP-019) was announced on October 28th and has now received over 91% support from the Maple (SYRUP) community. Final voting closes on October 31st.
Maple Finance terminates SYRUP pledge and adopts repurchase model
2025-10-29 06:48:00
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