Maple Finance, a DeFi institutional lending platform, has launched Syrup, a protocol aimed at providing institutional yield to the DeFi community. This follows the company's challenges due to the FTX-Alameda collapse. Syrup offers users access to secured institutional lending by depositing Circle USD (USDC) on the platform. However, the launch has received mixed reactions, with some questioning the need for a new token and others expressing distrust due to unresolved FTX-Alameda issues. Maple Finance will host a webinar on June 4 to discuss the Syrup launch.