According to data released by Scopescan, 40 minutes ago, the MPL whale "0xD0B0" transferred 105,000 MPL (2.14 million US dollars) to a Coinbase deposit address. The address accumulated MPL positions five months ago, with an average cost of $6.7. Selling at current prices could yield a profit of $1.43 million.

The proposal for RWA allocation between Aave Reserve and Maple Finance has entered the temperature check voting phase on the Community Governance Forum. The main outcome of the proposal will be that Aave will partner with Maple Finance to enable the Reserve to allocate to RWA strategies on the platform. The Aave Reserve will allocate to Maple's cash management pool with an initial investment of 1 million USDC, with the goal of increasing this allocation over time. As the Reserve becomes satisfied with Maple's platform, it will explore investment opportunities in other Maple RWA pools. The proposal will undergo an off-chain snapshot vote within 7-14 days and, if successful, will immediately proceed to an on-chain AIP vote.

Tom Wan, an analyst at 21.co, wrote on social media that Maple's cash management solution is currently available on Ethereum, Solana, and BASE, with a total asset management scale of $37 million.

This week, five companies in the crypto and blockchain space raised a total of $24 million, with bitcoin mining and crypto lending being the most popular. Nodal Power, a Utah-based bitcoin miner and energy company, raised $13 million from angel investors to power its miners with methane gas from landfills. Maple Finance, a lending protocol on Solana, raised $5 million.

Maple Finance has returned to Solana with the aim of being the first to offer on-chain access to US Treasury bill yields on the network. Deposits can be made by clients holding the USDC-SPL token, and the pool accepts deposits of USDC-SPL and passes yield sourced from one-month US Treasury bills minus fees to lenders. <br>

Odaily Star Planet Daily News reports that cryptocurrency lending platform Maple Finance has completed a $5 million financing round, led by Tioga Capital and Blocktower Capital, with participation from GSR Ventures, Cherry Ventures, Veris Ventures, The Spartan Group, and others. (Decrypt)

Odaily Planet Daily News According to reports, Maple Finance, which suspended its Solana loan pool in January this year, will return to Solana and open its cash management solution. The new product provides on-chain financial management solutions for DAOs, Web3 companies, and other clients, simplifying access to US Treasury yields. Solana's stablecoin issuer UXD, perpetual contract protocol Drift, and DeFi lending protocol Solend have all committed to using the lending pool. It is understood that Maple Finance is one of the protocols affected by the FTX crash incident. Cryptocurrency arbitrage trading company Orthogonal Trading owed $36 million in loans on Maple in December last year, and these bad loans affected 30% to 80% of investors in related lending pools. (DL News) In early August, Maple Finance announced that it had opened its cash management pool supported by tokenized short-term US Treasury bills (T-bills) to US investors. Maple has obtained an exemption under SEC D Regulation (RegD) Rule 506(c). Prior to this, only non-US entities could access Maple's cash management pool. The cash management pool on Maple allows accredited investors, companies, and DAOs to deposit their idle USDC and USDT in one-month US Treasury bills and earn an annual yield of 4-5%.

June 30 (Cointime) - In Q2 of 2023, DeFi protocols were exploited and hacked, resulting in over $208 million in losses, with only $4.5 million recovered. Despite the billions of dollars in daily trading volume, the DeFi ecosystem remains niche and out of reach for some. Maple Finance has launched a direct lending program to fill the void left by bankrupt major lending protocols like BlockFi. Additionally, Optimism network transactions surged 67% following the Bedrock upgrade, and many leading wallet service providers have added support for Bitcoin's BRC-20 token standard.

June 28 (Cointime) - Maple Finance has launched its first direct lending arm, Maple Direct, aimed at institutions seeking capital market solutions for Web3 projects. The new division will provide loans to Web3 infrastructure companies, asset management firms, and liquidity providers, subject to strict KYC and AML standards.

The pool is aimed at onchain allocators who face significant challenges accessing low-risk yield opportunities offchain.