# Maple Completes $314,116 SYRUP Buyback Under MIP-021

By John Kim

Canonical URL: https://www.tokenpost.com/news/business/29283
Published: 2026-10-09T21:58:46.000Z
Updated: 2026-10-09T21:58:46.000Z
Section: Business

> The purchase covered 1,371,166 SYRUP at an average price of $0.229 per token and represented 20% of September protocol revenue.

Maple completed a $314,116 buyback of 1,371,166 SYRUP tokens under MIP-021, using an allocation equal to 20% of September protocol revenue.

The purchase carried an average price of $0.229 per token.

MIP-021 provides a rules-based framework for allocating protocol revenue to SYRUP purchases. The transaction is classified as a revenue allocation rather than a dividend or profit-sharing distribution.