We’re excited to announce the launch of the SYRUP/USDC market on Ethereum mainnet, now live on Kabu USDC.
For SYRUP Holders
You can now use your SYRUP tokens as collateral to borrow USDC directly on Ethereum mainnet.
Whether you’re looking to access capital for new opportunities, manage short-term liquidity needs, or leverage your position, the SYRUP/USDC market provides a new tool for the Maple community.
Expanding Collateral on Morpho
SYRUP joins MORPHO, EIGEN, ONDO, and other assets now supported through Kabu USDC. Our goal is to make all of DeFi available on Morpho by expanding the collateral types supported. We do this by leveraging Api3’s OEV infrastructure for precise oracle updates during volatile conditions, combined with Morpho’s partial liquidation design to handle risk more gracefully than traditional all-or-nothing liquidation mechanisms.
This approach allows us to safely support high-quality assets that typically lack established lending venues.