What is Maple Finance (MPL)?

Discover the key facts about Maple Finance (MPL).

About Maple Finance

MPL is the governance token of Maple Protocol.

MPL is an ERC-20 token that empowers holders to participate in governance as well as earning fees and allows them to stake to the lending pools. MPL holders are able to vote on changes to the protocol, such as burning or minting MPL tokens, adjusting fees, etc. The staking pool system that Maple Finance has for their lenders creates economic security by allowing them to deposit liquidity to receive balancer pool tokens (BPTs) to provide first-loss capital.

Suggested further reading:

Maple Finance Website

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