[ad_1]
Maple Finance, the largest unsecured crypto lending platform, is grappling with a debt crisis while gearing up for a major system upgrade. The project’s MPL token has plunged, and depositors are likely to stomach big losses. Here’s how it happened, and what comes next.
[ad_2]
Source link
Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral
Written by Bankerage Published on December 12, 2022