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Maple Finance terminates SYRUP stake and adopts a buyback model.
GateNewsBot
SYRUP-0,39%
According to Golden Finance, the Maple Finance community supports a proposal to terminate SYRUP stake and shift to an income-based Token buyback model. According to the new plan, Maple Finance will stop providing staking rewards for the SYRUP Token and instead enhance the token value through a revenue-driven token buyback mechanism, aiming for long-term stability and linking the token value to the platform's actual business performance. According to the data from Snapshot, the proposal (MIP-019) was announced on October 28 and has currently received over 91% support from the Maple (SYRUP) community. The final vote will end on October 31.
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Comment
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njeevi
· 2025-10-29 06:50
good