Joe Flanagan said he will support a handover through year-end. Maple described an agreed transition and said its direction remains unchanged.

Maple’s TVL stands at $2.22 billion, while syrupUSDC assets under management have fallen to $2.36 billion from $2.68 billion reported Oct. 19.

Pool withdrawals depend on available liquidity and have no guaranteed deadline. Selling a token on an exchange is a different exit, at a market-determined price.

Maple still has $2.71 billion in TVL, while September’s revenue-funded token buybacks doubled from August.

The synthetic dollar protocol is moving beyond its crypto basis trade roots into institutional lending, real-world credit, and equity and commodity perpetuals.

Maple’s move comes as token buybacks across crypto have grown fivefold over the past year.

Experts say the situation shows that even 'trustless' blockchain projects must follow traditional contracts and legal rules.

Maple Finance says it wants to use protocol revenue for “long-term sustainability” instead of staking rewards.

Maple’s institutional-grade assets will be integrated into Aave’s $40 billion lending protocol.

Automated yield vaults have led the growth, as large investors dominate capital flows.