Syrup
Crypto lender Maple Finance expands support to Solana
Crypto capital markets platform Maple Finance has expanded support to the Solana blockchain and has deployed a $45 million fund to spur ecosystem growth. Maple provides undercollateralized loans for institutional borrowers on Ethereum (ETH) and now Solana (SOL) from several pool delegates. The project stated in an Apr. 25 blog post that it has already “originated over $1.2 billion in loans and currently count over $900 million in TVL to the platform.” The ecosystem fund was launched in partnership with decentralized finance (DeFi) lending platform X-Margin, with capital being provided by USD Coin (USDC) issuer Circle, digital asset manager CoinShares and several unnamed projects native to Solana. MAPLE SOLANA IS NOW LIVE. With partners @xmargintrading @circlepay @CoinSharesCo and Solana na...
PTF: NAFDAC screening local cures for coronavirus
The Federal Government said yesterday it has evaluated claims by local researchers that they have manufactured curative drugs for COVID-19. It explained that having met preliminary requirements, the drugs had been forwarded to the National Agency for Food and Drug Administration and Control, NAFDAC, for listing. National Coordinator of the Presidential Task Force for COVID-19, Dr. Sani Aliyu, had restated the federal government’s position on Wednesday that no cure had been found for the disease. The government also expressed worries over the continued repatriation of Almajiriai by states, saying the development could fuel a spike in infections. On compliance with general safety protocols put in place against the virus, the federal government asked security agencies not to cut corners, addi...
