Maple Finance releases MIP-016 proposal to continue $SYRUP fee buyback in Q2
May 3 news, according to the official announcement from Maple, the Maple community has launched proposal MIP-016, which involves continuing the monthly $SYRUP token buyback in the second quarter of 2024. If the proposal is approved, Maple will continue to allocate 20% of the protocol fees to stakers for reward distribution. This move aims to strengthen the tokenomics of $SYRUP and enhance the expected returns for protocol participants.
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