Maple Finance Ends SYRUP Staking, Adopts 25% Buyback Model
Maple Finance has officially ended SYRUP staking rewards after MIP-019 passed with over 91% support. Starting November, 25% of protocol revenue will flow into the Syrup Strategic Fund to drive ongoing SYRUP buybacks, cutting inflationary selling pressure and linking token value to real business results. Assets under management have surged tenfold to $4 billion, while monthly revenue tops $1 million. Traders should watch on-chain accumulation trends, shrinking SYRUP supply on exchanges, and key technical levels at $0.40 support and $0.46 resistance. Looking ahead, Maple plans to list SyrupUSDC on Aave and launch a Bitcoin liquid staking token (lstBTC) in 2026, underlining its shift toward a fundamentals-driven DeFi credit marketplace.
Bullish
Ending SYRUP staking rewards and dedicating 25% of revenue to buybacks reduces token emissions and selling pressure, creating a deflationary dynamic that supports price. Strong revenue growth, a tenfold rise in AUM, and a clear roadmap—including Aave listing and lstBTC launch—underscore robust fundamentals. Short-term traders may see upward momentum as supply contracts, while long-term holders benefit from the protocol’s sustainable, revenue-linked model. This combination drives a bullish outlook for SYRUP.