Updates

What’s new

What’s new

What’s new

Discover the latest updates, improvements, and features of the Usual protocol.

Syrup Vault Now Live

·

July 10, 2025

The Syrup Vault is now live, giving USD0++ holders exposure to SyrupUSDC, a high-yield lending market built by Maple Finance.

By depositing USD0++, users earn:

  • Lending yield from overcollateralized institutional loans

  • Daily USUAL rewards

Deposits are converted 1:1 into USD0 and allocated to SyrupUSDC. Yield accrues over time and is realized on withdrawal, while USUAL rewards remain claimable daily.

The Vault offers real, DeFi-native yield, backed by Maple’s $7.8B+ lending track record. As always, uSYRUP++ is siloed from USD0++ collateral to isolate risk.

Smaller Updates & Fixes
  • Fixed a display bug that briefly showed a negative USD0 reward balance during page load.

  • Increased max leverage on USL yield card to be in sync with a new 86% LTV.