Maple Finance 2.0 overhaul aimed at speeding up the defaulting process

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 51%

대한민국 뉴스 뉴스

대한민국 최근 뉴스,대한민국 헤드 라인

Maple Finance has unveiled an overhaul of its protocol aimed at streamlining the defaults process on the platform, among many other changes.

crypto hedge fund Orthogonal Trading

The new protocol overhaul, dubbed “Maple 2.0” will upgrade its smart contracts so that defaults such as these can be more quickly handled and settled by Pool Delegate. Furthermore, when a borrower doesn’t pay within the grace period, the Delegate can liquidate the loan — meaning all lenders within the pool can realize a loss immediately while recovery is pursued, it added.The new version of Maple Finance also includes features meant to make quality of life changes to the lending platform.

Pool delegates now provide First Loss Capital, making them the first to suffer in the event of a default. The Maple team believes this will more closely align pool delegates' interests with the interest of lenders.

이 소식을 빠르게 읽을 수 있도록 요약했습니다. 뉴스에 관심이 있으시면 여기에서 전문을 읽으실 수 있습니다. 더 많은 것을 읽으십시오:

 /  🏆 562. in KR
 

귀하의 의견에 감사드립니다. 귀하의 의견은 검토 후 게시됩니다.

Wow, Maple Finance is really pushing the envelope with their new protocol! Looks like they're making it easier to use DeFi with secure, trustless transactions. HODL tight! DeFi DeFiRevolution crypto

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Maple Finance releases version 2.0 after $36 million default on platformUncollateralized lender Maple Finance has updated its protocol to a second version aimed at opening up the lending platform to a wider range of institutional borrowers, including those from outside the crypto industry. Hoping to lose 72M$? We need to increase the currency price first. It's too disappointing for investors Thanks for the piece vishal4c 🧡
출처: TheBlock__ - 🏆 464. / 53 더 많은 것을 읽으십시오 »

Crypto Lending Platform Maple Finance Unveils Major Overhaul, Stops Lending on SolanaThe improvements attempt to solve Maple’s design shortcomings highlighted during a recent debt crisis, but they may reduce incentives for holding the protocol’s native MPL token in its new form, an analyst said. sndr_krisztian Is Maple Finance's 2.0 protocol upgrade enough to fix the platform's recent design flaws? Share your thoughts👇 sndr_krisztian Are Maple's new withdrawal options and default protection mechanism a good move for investors? sndr_krisztian Is Maple's focus on Ethereum over Solana a good strategic decision for the platform?
출처: CoinDesk - 🏆 291. / 63 더 많은 것을 읽으십시오 »

Sam Bankman-Fried Charged With Fraud, Campaign Finance ViolationsThe indictment alleges that Bankman-Fried and his associates “willfully and knowingly did combine, conspire, confederate, and agree together and with each other to commit wire fraud,” while defrauding customers of FTX. We told y'all this shit weeks ago FFS The Democratic party will be sure he gets Epsteined. How were they able to put their case against these folks together so quickly but we have yet to see a single charge come out of the 2008 financial crisis?
출처: RollingStone - 🏆 483. / 51 더 많은 것을 읽으십시오 »

'Dirty money': Unpacking the campaign finance charges against Sam Bankman-FriedIt's a significant footnote in what prosecutors are calling 'one of the biggest financial frauds in American history.' Which is the bigger crime? Stealing some crypto 'currency'? The creation of a crypto 'currency'? or Setting up a crypto 'currency' exchange? (freely stolen from Bertolt Brecht ;-) So the key here is: 'he steered millions to politicans' And which political party did these politicians belong to? Well he is a pretend Trans person. He may like jail time?
출처: axios - 🏆 302. / 63 더 많은 것을 읽으십시오 »

American Airlines makes way for new finance chiefAmerican Airlines Chief Financial Officer Derek Kerr is stepping down at the year in a “Long-Planned Succession Process” and is being replaced by long-time...
출처: dallasnews - 🏆 18. / 71 더 많은 것을 읽으십시오 »

Top Lists of 2022: First Coast banking and finance at a glance - Jacksonville Business JournalHere were some of the Business Journal's top banking & finance industry lists of 2022.
출처: JaxBizJournal - 🏆 599. / 51 더 많은 것을 읽으십시오 »