Summary
- Maple Finance (MPL) announced an expansion of its services to the Solana (SOL) blockchain using Chainlink (LINK) CCIP.
- Maple Finance revealed plans to supply over $30 million in liquidity and $500,000 in incentives for the operation of syrupUSDC on Solana (SOL).
- This collaboration is said to be part of a strategy to expand DeFi interoperability and strengthen Solana-based lending and liquidity solutions.
According to CoinDesk, a virtual asset (cryptocurrency) specialist media outlet, on the 5th (local time), the virtual asset lending protocol Maple Finance (MPL) has expanded its services to the Solana (SOL) blockchain by adopting Chainlink (LINK)’s Cross-Chain Interoperability Protocol (CCIP).
Through this expansion, Maple will be able to operate its own stablecoin, syrupUSDC, on the Solana (SOL) blockchain, and has prepared incentives and liquidity for this purpose. The Maple ecosystem plans to provide over $30 million in liquidity, along with $500,000 in incentives.
With this expansion, Maple Finance aims to further strengthen Solana-based lending and liquidity solutions within the decentralized finance (DeFi) ecosystem.
Chainlink CCIP is a technology that enables secure asset and data transfers between heterogeneous blockchains, and this collaboration is interpreted as part of the expansion of DeFi interoperability.
JH Kim
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