Maple Finance said MIP-021 has passed with 99.97% of votes in favor, making SYRUP buybacks rules-based and funded by a set share of protocol revenue, with the first buybacks set to begin in August and each one trackable on Maple's Transparency Dashboard.
A fixed revenue share changes SYRUP buybacks from a discretionary decision into an ongoing tokenomic process. That gives the mechanism a clearer link to protocol activity, since buyback funding can scale with revenue rather than depend on ad hoc governance choices each time. Near-unanimous approval also reduces uncertainty around whether the policy will be used as described.
The dashboard adds operational transparency by making each buyback observable, which can help market participants verify execution instead of relying only on announcements. A practical limit is that the update establishes a funding rule and start date, but its effect still depends on the level of protocol revenue once buybacks begin.
MIP-021 has passed, 99.97% of votes in favor.
Maple's buyback is now rules-based: a set share of protocol revenue funds SYRUP buybacks, scaling as revenue grows.
Transparent, disciplined, and decided onchain by SYRUP holders.
The first buybacks begin in August, each one…