Maple Finance Ends Staking, Launches Token Buybacks in RWA-Driven Overhaul

Maple Finance has approved the MIP-019 proposal, which ends the staking program for its governance token, SYRUP, and replaces it with a token buyback mechanism funded by protocol revenues. This shift aims to curb token inflation, enhance capital efficiency, and align the token's value directly with the protocol's financial performance, moving towards a more sustainable model in the growing Real-World Asset (RWA) lending sector. The market reacted positively, with Maple's Total Value Locked (TVL) surging past $3.1 billion. While analysts view the change as "ultra-bullish" for tightening supply and increasing utility, they caution that the new model's buyback capacity will depend on external RWA yields and institutional borrowing levels. This overhaul signals DeFi's maturation toward integrating with off-chain, yield-generating assets.

(Source：BeInCrypto)