Maple protocol integrates weETH, providing USDC loans and ETHFI rewards program
Gate News bot message, PANews reported on July 1 that the decentralized lending protocol Maple has now included EtherFi's weETH in its on-chain credit platform's collateral list. Currently, weETH serves as a re-staking asset in the DeFi space, with a total circulating supply of 5.3 billion USD.
According to the announcement, Maple has established a 2% APY for the first batch of $50 million weETH loans.