Buy Syrup
What is Syrup?
Syrup Token (SYRUP) is a governance and utility token associated with Maple Finance, a decentralised lending platform. Syrup is designed to allow token holders to participate in protocol governance and receive staking rewards within Maple Finance's ecosystem.
How does Syrup work?
Syrup operates on a blockchain platform that implies the use of Ethereum technology, leveraging smart contracts to manage its staking and governance functionalities. SYRUP holders can stake their tokens, participate in governance decisions, and earn rewards. The staking mechanism encourages active involvement in the Maple Finance ecosystem.
What are the potential use cases for Syrup?
Potential use cases for Syrup include:
- Providing liquidity and earning staking rewards within its ecosystem.
- Participating in governance by voting on proposals.
- Serving as collateral in DeFi lending and borrowing.
- Facilitating participation in yield farming across integrated DeFi platforms.
What is the history of Syrup?
Syrup was launched by Maple Finance, a platform known for its institutional lending solutions. It first became active on May 28, 2023. It introduced the SYRUP token to enhance community engagement, enable governance functionalities, and integrate with other DeFi protocols. The token was part of a strategic shift, involving a rebranding and conversion of MPL tokens to SYRUP tokens.
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Frequently Asked Questions (FAQs)
What is the current price of Syrup (SYRUP)?
The Syrup price is $0.28803372 AUD, representing a +6.33% from the day prior.
Where is the best place to buy Syrup (SYRUP) in Australia?
The best place to buy Syrup (SYRUP) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Syrup (SYRUP) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Syrup (SYRUP)?
The trading volume of Syrup (SYRUP) is $3.4M AUD in the last 24hrs, representing a +6.33% from the day prior.
How can I buy Syrup (SYRUP)?
Syrup (SYRUP) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Syrup (SYRUP)?
The current market cap of Syrup (SYRUP) is $154.2M AUD.
Can I convert Syrup (SYRUP) to cash?
Yes - With Coinstash you can convert your Syrup (SYRUP) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Syrup (SYRUP) are there?
The current circulating supply of Syrup (SYRUP) is 539.6M.
Is Coinstash a safe place to buy Syrup (SYRUP) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Syrup (SYRUP) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.