I was taking a look at our Treasury in terms of USDC deployment and I saw we have some concentrated positions that is worth considering to diversify across other protocols.
Maple Finance is a decentralized corporate credit market. It offers globally accessible, diversified fixed-income yield opportunities by lending to a pool of premium crypto institutions. Since its launch in May 2021, the Maple platform has originated 69 loans with a total value of over $500M.
Their interest rates are attractive, usually in the range of 7/8% for a 90 days lockup. The pool of investors which have access to the loans are Market Makers, which are verified and legally accredited with Maple to take out loans (essentially this is uncollateralized lending at institutional level backed by 1) reputation and 2) legal enforcement in case they default on the debt.
See reference url: Maple Finance
Pro: usually higher than market stable yield on USDC
Cons: 90 days lockup
In my view this is a good protocol to park some liquidity - happy to discuss with the rest of the DAO the exact amount