Source: STM.co
| Total Raise | $0 USD |
| Soft Cap | $0 USD |
| Raise Status | Active |
| Minimum Investment | $100,000 USD |
| Accepted Investors | US Accredited |
| Exemptions | RegD |
| Instrument | Liquidity Provider Tokens |
| Token Issuance Info | 12-month lockout due to RegD |
| Price Per (MAPLE_L+L_1) | $1 USD |
| Token Issuance Platform | Maple Finance |
| Secondary Marketplace | Maple Finance |
| Blockchains Available On | Ethereum |
| Security Type | Fixed Income |
| Asset Class | Private Credit |
| Ratings | - |
| Token Rights | Lenders allocate USDC to the Lend + Long Program for ~3 months. USDC proceeds are deployed in secured loans to institutional borrowers. Yield generated by the loans is used to purchase Bitcoin call options. Lenders earn a 4% Floor APY, plus a Variable APY tied to Bitcoin price action. |
Maple’s Lend + Long Program is suited to Lenders who seek to maintain exposure to Bitcoin upside, plus full principal protection offered through Maple’s secured lending strategies, all in ‘one-click’.