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[Maple Discloses $1.89 Billion in Collateral Across Three Syrup Lending Pools] On-chain lending platform Maple disclosed that the total collateral for loans across its three Syrup lending pools amounts to $1.89 billion. A verification conducted on November 13th showed that the collateralization ratios for syrupUSDC, syrupUSDT, and syrupUSDG were 156.2%, 137.7%, and 150.8%, respectively. The Network Firm, the verification service provider, stated that its service was not an audit or assurance and did not independently verify the accuracy and completeness of Maple's and third-party data. Syrup tokens represent a share of a liquidity pool invested in strategies such as institutional lending. Loan collateral is different from cash that can be withdrawn and is not guaranteed to be redeemable at any time at the USD balance. (Source: The Defiant)

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