Maple integrates EtherFi's weETH as collateral, and qualified borrowers can receive USDC loans and ETFFI rewards

The decentralized lending protocol Maple has announced the integration of EtherFi's weETH as collateral for its on chain credit platform. Qualified borrowers can obtain USDC loans and earn ETFFI rewards through weETH. Maple will provide a 2% APY ETFFI rebate for the first $50 million weETH loan. WeETH is a widely used re pledged asset in DeFi, with a circulation of $5.3 billion.