枫树首席执行官兼联合创始人席德·鲍威尔（Sid Powell

他的公司正在开创一种开展机构贷款的新方式，其中将最佳的传统金融与区块链网络的速度和流动性结合在一起。

Sid Powell, CEO and co-founder of Maple, is bringing an inspired Wall Street lending model to the crypto sphere, using Bitcoin as the basis.

Maple的首席执行官兼联合创始人Sid Powell正在使用比特币作为基础，将受到启发的华尔街贷款模型带到了加密货币领域。

Powell's company, Maple, is pioneering a new way to conduct institutional lending where it combines the best of traditional finance with the velocity and liquidity of a blockchain network.

鲍威尔的公司Maple正在开创一种新的方式来进行机构贷款，将传统金融的最佳融资与区块链网络的速度和流动性结合在一起。

In a recent interview with TheStreet Roundtable, Powell described Maple’s approach as “asset-backed lending on-chain.” The concept has already piqued the interest of high-net-worth individuals and fixed-income investors seeking reliable returns in the digital asset space.

在最近对TheStreet圆桌会议的采访中，鲍威尔将Maple的方法描述为“资产支持的贷款链”。这个概念已经激发了高净值个人和固定收益投资者在数字资产领域寻求可靠回报的兴趣。

Powell pushes to establish Bitcoin as the backbone of global lending

鲍威尔（Powell）推动将比特币确立为全球贷款的骨干

Maple lends to institutions such as trading firms and hedge funds, using cryptocurrency, such as Bitcoin, as collateral. Borrowers receive stablecoins directly into their wallets, while the firm holds the collateral in liquid digital assets.

枫树借给贸易公司和对冲基金等机构，使用加密货币（例如比特币）作为抵押品。借款人将稳定的人直接收到钱包，而该公司则将其持有液体数字资产的抵押品。

Afterwards, investors earn a yield on those loans, just as they would in traditional credit markets. In addition, Powell claimed that Maple provided more enticing over-collateralized loans with 30-day redemption periods. Contrast that with private credit markets, where loans are frequently unsecured and locked for years.

之后，投资者就像在传统信贷市场中一样，这些贷款收益率。此外，鲍威尔（Powell）声称，枫树（Maple）提供了30天的赎回期，提供了更多诱人的过度物质化贷款。形成鲜明对比的是，与私人信贷市场相比，贷款经常被无抵押和锁定多年。

He continued that anybody who had worked with pledged securities or margin lending would understand that the main benefit of cryptocurrencies is liquidity.

他继续说，任何与保证证券或保证金贷款合作的人都会理解加密货币的主要好处是流动性。

Moreover, Powell stated that it takes six months to sell a house but only a few hours to sell a billion dollars worth of Bitcoin. Therefore, it is concluded that if the loan does not work out, he could sell his digital assets in many places.

此外，鲍威尔（Powell）表示，出售房屋需要六个月的时间，但只有几个小时才能出售价值10亿美元的比特币。因此，可以得出结论，如果贷款无法实现，他可以在许多地方出售他的数字资产。

Maple implements a strategy to curb cryptocurrency risks

枫树实施遏制加密货币风险的策略

The 2022 collapse of several crypto lenders, such as BlockFi, has heightened concerns about risk management in the sector. Powell acknowledges these challenges and insists that Maple has built-in safeguards to mitigate them.

几个加密贷款人（例如Blockfi）的2022年崩溃加剧了对该行业风险管理的担忧。鲍威尔（Powell）承认这些挑战，并坚持认为，枫树（Maple）内置保障措施以减轻它们。

To solve this, Maple provides yields on par with high-yield credit but with transparent margin policies and a safety net of liquid collateral through institutional-grade custodians such as BitGo.

为了解决这一问题，Maple提供了高收益信贷的收益率，但通过机构级保管人（例如Bitgo）提供了透明的保证金政策和液体抵押品的安全网。

“We spend a lot of time explaining how we manage margins,” Powell observed. “If Bitcoin drops in price, how long do we wait before selling the asset? How long do we give someone to post more collateral or pay the loan?”

鲍威尔观察到：“我们花了很多时间来解释如何管理利润。” “如果比特币的价格下跌，我们要等待多长时间才出售资产？我们要给某人多长时间发布更多的抵押品或支付贷款？”

It is noteworthy that Powell was dedicated to achieving goals beyond this one.

值得注意的是，鲍威尔致力于实现这一目标。

For him, accomplishing this objective was the first move to face more established financial giants like Apollo or Ares. Thus, it might be possible to work with companies like J.P. Morgan to offer standardized Bitcoin-backed securities to pension funds and combine the speed of cryptocurrencies with the stability of traditional finance.

对他来说，实现这一目标是面对阿波罗或阿雷斯等更具成熟金融巨头的第一步。因此，有可能与JP Morgan这样的公司合作，为养老金提供标准化的比特币支持的证券，并将加密货币的速度与传统财务的稳定相结合。

Maple launches the Lend + Long product to achieve BTC growth without downside exposure

Maple推出了贷款 +长产品，以实现BTC增长而无需下行曝光

According to reports published on January 27, decentralized lending platform Maple Finance introduced an on-chain structured yield product designed to give financial institutions exposure to Bitcoin.

根据1月27日发布的报道，分散的贷款平台枫树融资引入了一种链结构的收益产品，旨在使金融机构接触比特币。

Dubbed Lend + Long, the product was aimed at yield funds, corporate treasuries, and institutional investors, allowing them to gain exposure to Bitcoin price appreciation without direct exposure to the downside.

该产品被称为Lend + Long，针对收益资金，公司国库和机构投资者，使他们能够获得比特币价格欣赏的敞口，而无需直接接触下跌。

According to Sid Powell, institutional investors have been seeking a way to gain all the upside of Bitcoin exposure but don’t want the stress of the volatility that comes with it.

根据西德·鲍威尔（Sid Powell）的说法，机构投资者一直在寻求一种方法来获得比特币暴露的所有优势，但不希望随之而来的波动性。

Lend + Long offered structured exposure to Bitcoin without having to own the underlying asset. The product worked by buying Bitcoin call options and accruing yield from a high-yield liquidity pool run by Maple itself.

贷款 +长期提供了对比特币的结构化暴露，而无需拥有基础资产。该产品是通过购买比特币通话选项和从Maple本身运行的高收益流动性池中获得的收益率来工作的。

Maple Finance manages several lending pools tailored to different risk appetites. For example, its Maple High Yield Secured Pool accepts a wide range of low market cap risky altcoins as collateral while paying lenders higher interest rates. On the other hand, its Blue-Chip Secured Pool accepts only Bitcoin and Ether as collateral, making for a much more risk-averse lending ecosystem.

Maple Finance管理了针对不同风险食欲的几个贷款池。例如，其枫木高收益池的枫木量储备量很广泛，而较低的市场上限风险山寨币则作为抵押品，同时支付贷款人的利率更高。另一方面，其蓝芯片安全池仅接受比特币和以太作为抵押品，从而实现了更大风险的贷款生态系统。

To minimize risk, all loans in Maple’s high-yield, on-chain pool are over-collateralized, requiring borrowers to collateralize more than they borrow.

为了最大程度地降低风险，枫树高收益中的所有贷款都过于合理化，要求借款人比借贷更多。