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MAP Protocol

MAP Protocol

MAP Protocolcross-chain

Free Interchain Protocol.
MAP Protocol

The MAP cross-chain protocol is an open, fully decentralized, chain-to-chain interoperability protocol that enables the interoperability of multiple independently verifiable consensus blockchains without the need for a relay chain.

Security Team: The funds of the two mining pools of Maple Finance have been emptied: Jinse Finance reported that according to the monitoring of the Beosin EagleEye security risk monitoring, early warning and blocking platform of the blockchain security audit company Beosin, the funds of the two mining pools of Maple Finance have been emptied. Hollowed out, the address starts with 0x6F6 and 0xCC.

It is understood that Maple Finance’s usdc pool has been withdrawing a large amount in the past month, but according to M11Credit’s official claim that Orthogonal Trading’s bad debts have affected the entire pool, and Beosin Trace is continuously monitoring the relevant funds. [2022/12/6 21:25:06]

Crypto lending and trading firm Genesis invests $75 million in Maple’s Solana-based lending platform: Golden Finance reports that crypto lending and trading firm Genesis is pouring $75 million into Maple’s Solana-based lending platform to expand its decentralized finance (DeFi) business.

With the capital injection, Genesis will become the first centralized exchange for Maple’s Solana platform capital pool, after Maple launched its Solana-based platform earlier this year and also runs a lending platform on ethereum.

Trading firms Wintermute and Amber Group plan to borrow from the pool, according to Genesis. Genesis said that borrowers on the Maple platform go through a due diligence process overseen by pool representatives, thereby reducing credit risk, running part of the loan book through Maple’s infrastructure, and reducing operating costs by replacing traditional software tools with on-chain functions. (The Block) [2022/6/2 3:57:03]

BitMax will jointly launch According to official news, BitMax Exchange will jointly launch (MAPS) at 22:00 on February 1 (Beijing time), and open MAPS/USDT trading. Recharge is open.

To celebrate the launch of (MAPS), BitMax will start the auction at 22:00 (Beijing time) on January 26. This time, two modes of limit auction (drawing lottery) + free auction (bidding ranking) will be carried out at the same time. Users can participate in the two modes of auction at the same time. Each user can get up to 7 auction items (14,000 MAPS). For details, please refer to official website. [2021/1/18 16:25:42]

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MAP Protocol
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