Maple is a decentralised finance (DeFi) protocol centred around capital efficiency and institutional lending, operating on the Ethereum blockchain. Launched in May 2021, Maple was designed to facilitate undercollateralised loans for crypto-native companies, thereby bridging a significant gap in the DeFi lending ecosystem. Unlike traditional platforms requiring full collateral, Maple enables institutions to access capital more freely, using smart contracts to automate operations and lending pools to manage risk. The protocol's native token, MPL, is used for governance, allowing token holders to participate in decision-making processes. By combining innovative on-chain technology with rigorous credit assessment by pool delegates, Maple aims to offer a scalable and transparent solution for liquidity provisioning, promoting a more robust financial structure in the crypto world.