The Maven 11 pool will provide loans to crypto market makers, or large firms that provide enough money to exchanges to stabilize trading. In return, the lenders will receive yield from the market makers. Borrowers for the pool include Wintermute and Flow Traders, Maple originally listed Bastion, Nibbio and Folkvang Trading among the borrowers, but a spokesperson told CoinDesk after publication of this story that those companies aren’t participating for now.“Maven 11 was the second pool delegate on the platform,” Maple CEO Sidney Powell told CoinDesk in an interview.
Source: https://www.coindesk.com/business/2022/08/11/maple-a-defi-platform-for-institutional-lending-unveils-new-30m-liquidity-pool/?utm_medium=referral&utm_source=rss&utm_campaign=headlines