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Maple Finance is proposing to allocate 20% of its protocol revenues for monthly buybacks of SYRUP tokens, aimed at rewarding stakers and enhancing long-term ecosystem growth. The initiative, pending a tokenholder vote starting January 20, would complement existing incentives from SYRUP emissions, with stakers potentially earning around 5.0% APY. This move aligns with a broader trend in DeFi, where protocols are increasingly sharing revenues with tokenholders to bolster value-accrual mechanisms.
The catastrophic collapse of Terraform Labs' ecosystem in May 2022 resulted in a staggering $40 billion loss, primarily due to the failure of its algorithmic stablecoin, TerraUSD (UST), and its sister token, LUNA. Do Kwon, co-founder of Terraform Labs, faces multiple criminal charges, including fraud, and has pleaded not guilty. His trial is set for January 26, 2026, amid ongoing legal battles and civil lawsuits, highlighting the vulnerabilities in the crypto market and the need for regulatory scrutiny.
Bitcoin's ratio against gold has reached a historic high of 37.3, indicating one Bitcoin can now buy approximately 37 ounces of gold. This surge reflects growing institutional adoption and the cryptocurrency's emerging status as "digital gold," despite ongoing volatility and traditional investors' preference for gold during uncertain times. As Bitcoin's market capitalization rises, discussions around national Bitcoin reserves are gaining traction in several countries.
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maple finance proposes token buybacks to reward stakers with revenues
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bitcoin gold ratio reaches historic high amid institutional adoption and market rally
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