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Maple Finance terminates SYRUP pledge and adopts repurchase model

The Internet reported that Maple Finance and its community supported a proposal to end SYRUP pledges and move to an income-based token repurchase model. Under the new plan, Maple Finance will stop providing pledge incentives to SYRUP tokens and instead increase token value through a project revenue-driven token repurchase mechanism, thereby achieving long-term stability and linking token value to the platform's actual business performance. According to Snapshot data, the proposal (MIP-019) was announced on October 28 and currently has more than 91% of the Maple (SYRUP) community support. The final vote will end on October 31.

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