AMA Recap: Unveiling the Syrup Ecosystem

The TDX team hosted an exciting community AMA session on X (formerly Twitter) on March 12th, 2025, where we had the opportunity to connect with the Maple Finance team and dive deep into the Syrup Pool partnership.

For those who missed the live session, don’t worry. We’ve got you covered!

What’s New with TDX and Syrup Pool?

We’re thrilled to share some big updates about our collaboration with Maple Finance and how it’s transforming the DeFi space and empowering the TDX ecosystem. The partnership aims to bring new yield opportunities to TDX users by integrating Syrup Pool’s lending pools into our Yield Aggregator feature.

This exciting integration will open up new ways for our community to earn high yields with secure, overcollateralized lending.

Joining us for the AMA was Martin de Rijke (Head Of Growth at Maple Finance), who joined Maple in 2022 and launched Syrup Pool in June 2024. He gave us a closer look at how Maple Finance, with its institutional-grade blockchain management expertise, plays a pivotal role in ensuring both safety and profitability.

With over $6.2 billion in loans processed and a total value locked (TVL) of $700 million, Maple’s lending pools are backed by robust security measures, offering high returns with minimal risk to users.

Key Features of Maple Syrup Pool

During the AMA session, we had the privilege of gaining insights into their Syrup Pool partnership and the exciting features it brings to the crypto-lending space. Here’s a rundown of what was shared during the session:

Overcollateralized lending (e.g., 160% collateralization) with assets like Bitcoin, Ethereum, and Solana, ensuring lender security.

High APYs (9-15% Range, with a Floor of 9-10% even in Bearish Markets) are driven by active deal sourcing, high utilization rates, and native collateral acceptance.

Robust Risk Management through margin calls, liquidations, and thorough collateral underwriting, with zero losses since inception.

The Partnership aims to provide TDX users with secure, high-yield opportunities, combining institutional finance expertise with blockchain transparency. 

Deposits in USDT or USDC are lent to top-tier crypto institutions (e.g., exchanges and trading firms), with collateral liquidation protecting lenders in case of defaults. 

Additional yield boosts (up to 4-5%) are available through Syrup Pool’s drip campaigns, distributing Syrup tokens claimable monthly.

Q/A Session Summary

During the AMA, we had some great community questions that helped clarify key aspects of the Syrup Pool and our partnership with Maple Finance. Here are some of the most asked questions:

1. What is the floating rate in APY, and how does it change?
APY fluctuates based on loan issuance, repayments, and market conditions but remains consistent (9-15%) due to high capital deployment and fixed loan terms. Rates may compress in bearish markets but rebound quickly in bullish phases.

2. Who borrows from these lending pools, and how is investor security ensured?

Borrowers are major crypto institutions (e.g., top 35-40 exchanges, trading firms, hedge funds). Security comes from over-collateralization (e.g., 160% LTV), margin calls, and liquidations, backed by borrowers’ large balance sheets.

3. Why do institutions borrow from Maple Syrup Pool?

Institutions borrow against long-term assets (e.g., Bitcoin, Ethereum) to unlock capital efficiency, redeploying funds into higher-return opportunities (e.g., 15-18% returns vs. 12-14% borrowing cost).

4. Why does the USDT pool have a different APY than the USDC pool?

Each pool has a distinct loan book, causing short-term APY variations (e.g., USDC at 10.6% vs. USDT at 7.6%) as of March 12th, 2025. Over time, yields align, with fluctuations smoothed out. Additional yield from staking collateral (e.g., Jito SOL at 8%) is periodically injected.

5. What are the minimum and maximum investment limits?There are no minimum or maximum investment limits, as Syrup Pool is capital-constrained and can deploy large inflows (e.g., $5-10 million daily) to meet borrower demand, scalable to billions, given the size of the crypto market. However, on the TDX platform, the minimum investment in Syrup Lending Pool is a minimum of 10 USDT or USDC.

6. How do withdrawals work?
Withdrawals are typically instant or within 10 hours, with a maximum of 30 days in extreme cases (e.g., mass withdrawal events). A cash buffer and natural loan repayments ensure liquidity.

7. What is the fee structure?
A 15% performance fee is taken from interest earned, with no management fees. All displayed APYs are net fees, offering a cost-effective alternative to traditional finance, similar to hedge funds (e.g., 2% management + 20% performance).

8. How are cascading liquidations prevented during market downturns?

Deep liquidity venues (e.g., Binance, OTC desks) and collateral caps based on trading volume ensure smooth liquidations. Risk is assessed against extreme scenarios (e.g., COVID crash) with high margin call buffers.

9. How do drip campaigns boost yield?
Depositors earn Syrup tokens monthly based on drips accumulated, claimable on the 18th of the following month. TDX will soon integrate native claiming, boosting yields by 4-5%.

10. Will EU’s MiCA regulations affect operations?

DeFi is currently outside MiCA’s scope, so operations are not expected to be impacted, despite USDT restrictions in the EU.

11. What ensures the security of funds in Syrup Pool lending?

Security is ensured by over-collateralization (e.g., $2 million collateral for a $1 million loan), automated margin calls, and liquidations, with collateral tradable 24/7 on-chain.

Listen To the Full AMA Recording!

We want to thank everyone who joined the TDX x Maple Syrup Pool AMA for their thoughtful questions and engagement. This partnership brings exciting new yield opportunities and secure lending options to the TDX ecosystem, and we’re thrilled to share it with you.

To explore the Syrup Pool and get started with high-yield opportunities, visit the TDX Yield Aggregator section for live product details, guides, and support resources. 

You can listen to the full AMA recording here: Live AMA: Syrup Ecosystem Unlocked | $266.1M TVL, 14.3% APY.