What is Midas msyrupUSD?

msyrupUSD is a tokenized certificate issued by Midas Software GmbH. It is designed to offer exposure to a yield-generating strategy linked to a stablecoin collateral portfolio managed by Maple Finance.

The product functions as a debt instrument, tracking a dynamically managed collection of on-chain assets and credit allocations. Its redemption value is determined by the net asset value (NAV) of the underlying portfolio, accounting for a fixed tracking-error allowance and any relevant management and performance fees.