Maple Finance 2.0 overhaul aimed at speeding up the defaulting process By Cointelegraph

Maple Finance is a decentralized credit market powered by blockchain technology. Instead of requiring overcollaterlization of loans, it instead allows managers, called “Pool (NASDAQ:) Delegates” to issue loans from its lending pools based on a set of risk-management criteria, according to the protocol’s documents.

However, in the wake of FTX’s collap, the platform experienced two major defaults from borrowers on the platform.