According to CoinMeta, the on-chain lending platform Maple disclosed that the total value of collateral for its three syrup lending pools amounted to $1.89 billion. On November 13th, inspections revealed that the collateral ratios for syrupusdc, syrupusdt, and syrupusdg were 156.2%, 137.7%, and 150.8%, respectively. The inspection service provider The Network Firm stated that this service is not an audit or verification and does not independently confirm the accuracy and completeness of the data from Maple and third parties. syrup tokens represent shares in a fund pool that invests in institutional loans, etc. The loan collateral is different from the cash that can be withdrawn, and there is no guarantee that it can be redeemed at any time based on the dollar balance.