The Maple Token (MPL) is the native network token of the platform. It enables holders to participate in governance, share in fee revenues, and stake default insurance to Liquidity Pools.
All Maple Token Holders earn a share of the Establishment Fee which is accrued to the Maple Treasury and distributed periodically. This fee is paid by Borrowers when their loans are funded and is shared between Pool Delegates and Maple Token Holders.
Maple Token Holders can earn additional Ongoing Fees by staking MPL to provide default insurance in Liquidity Pools.