Coinbase Expands Its Listing Roadmap with Innovative Aethir and Syrup Coins

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The U.S.-based cryptocurrency exchange, Coinbase, has announced the inclusion of Aethir (ATH) and Syrup (SYRUP) coins in its listing roadmap. Aethir stands out as a cryptocurrency project aimed at efficiently utilizing GPU resources critical in areas like artificial intelligence and cloud gaming. In contrast, Syrup provides protocols that make institutional borrowing interest rates accessible to DeFi users.

What is Aethir (ATH)?

Aethir is a decentralized infrastructure project that focuses on the distribution and utilization of high-performance GPUs. It aims to resolve issues related to GPU access, which have arisen due to increased demand in AI, machine learning, and cloud gaming sectors. By consolidating idle GPU capacity from data centers, mining operations, and consumers, the project redistributes these resources, lowering costs and improving access for small businesses to high-tech solutions.

The Aethir coin, known as ATH, is used for transactions and governance within the platform. Particularly, game studios and AI developers can realize their cloud-based projects at more affordable costs through Aethir’s flexible GPU access. As Coinbase adds Aethir to its listing roadmap, it is expected to enhance ATH’s liquidity and visibility, broadening its applications.

What is Syrup (SYRUP)?

Syrup emerges as an extension of the corporate borrowing platform Maple Finance, targeting DeFi users. The SYRUP coin plays a role in the platform’s governance and contributes to the ecosystem’s growth. Maple Finance facilitates fixed-rate loans against assets like BTC and ETH, while Syrup transfers these interest earnings to DeFi users without any KYC requirements.

At Maple Finance, collateral is secured through institutional custody solutions like Anchorage and BitGo. Borrowers undergo comprehensive risk assessments before obtaining loans. Syrup users can enhance their earnings through 3-6 month capital commitments, positioning the platform as a significant player in institutional cryptocurrency financing, targeting over $546 million in total value locked (TVL) by 2024.

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