🏦 A new Vault is live Introducing uSYRUP++, the latest Vault built on @lagoon_finance, unlocking exposure to @maplefinance's SyrupUSDC: a trusted, high-yield lending layer in DeFi. Consistent returns & institutional borrowers. Let’s dive in 🧵👇
🌊 The Vault USD0++ holders can now access yield from Maple’s institutional lending market, without leaving Usual's ecosystem. Powered by @maplefinance, the Vault gives exposure to fixed-rate, overcollateralized loans issued to institutional borrowers on Maple’s infrastructure.
📊 What Do You Earn? Through uSYRUP++, users earn: - Lending yield from SyrupUSDC - Daily USUAL rewards All delivered through Maple’s compliant, DeFi-native asset management rails.
🧮 How It Works USD0++ deposited in uSYRUP++ is: - Exchanged 1:1 for USD0 on the primary market - Reinvested into SyrupUSDC Yield from @maplefinance accumulates over time and is realized upon withdrawal, while USUAL rewards remain claimable daily in the Usual dApp.
🎯 A Strategic Edge Because USD0++ is exchanged at 1:1 (even if acquired below 1) users get $1 of SyrupUSDC exposure per USD0++, boosting yield efficiency. Combine that with Maple’s proven asset management infra and you get DeFi-native, real yield with institutional-grade design.
🔒 Vaults Are Isolated As with all Vaults, uSYRUP++ is siloed from USD0++’s core collateral. All exposure is limited to SyrupUSDC only, meaning risks are contained within the Vault and do not affect other USD0++ holders.
🌱 Why This Matters @maplefinance has issued over $7.8B in onchain loans and powers SyrupUSDC with a strong track record of consistent yield and transparency. Now, USD0++ holders can access that yield through a Vault, without giving up liquidity or USUAL rewards.
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