The crypto token Maple (MPL) is used primarily for governance and earning fees within the Maple Finance platform. As an ERC-20 token, MPL empowers holders to participate in governance decisions, such as voting on changes to the protocol, burning or minting tokens, and adjusting fees. Additionally, MPL holders can stake their tokens to the lending pools, which creates economic security by allowing them to deposit liquidity and receive balancer pool tokens (BPTs) to provide first-loss capital.

To store Maple (MPL) tokens, you have two primary options:

1. Centralized Exchange (CEX): You can store your MPL tokens on a CEX, which provides convenient access to various investment products and features. The exchange will securely hold your funds, but you will need to select an exchange with strict security measures to ensure the safety of your assets.

2. Non-Custodial Wallet: For greater control and security, you can store your MPL tokens in a non-custodial wallet. This option grants you complete control over your private keys, but you will be responsible for managing and securing them. You can use hardware wallets, Web3 wallets, or paper wallets.

Both methods have their pros and cons, so it is essential to evaluate your needs and preferences before deciding on the best method for storing your MPL tokens.

To buy Maple (MPL) tokens, follow these steps:

1. Choose a CEX: Select a reliable and trustworthy crypto exchange that supports Maple Finance (MPL) purchases. Consider the ease of use, fee structure, and supported payment methods when choosing a crypto exchange. Some popular options include Coinbase, Bitstamp, and AscendEX.

2. Create an account: Enter the required information and set a secure password. Enable 2FA using Google Authenticator and other security settings to add an extra layer of security to your account.

3. Verify your identity: A secure and reputed exchange will often ask you to complete KYC verification. Information required for KYC will vary based on your nationality and region. Users who pass KYC verification will have access to more features and services on the platform.

4. Add a payment method: Follow the instructions provided by the exchange to add a credit/debit card, bank account, or other supported payment method. The information you need to provide may vary depending on your bank's security requirements.

5. Buy Maple Finance (MPL): You are now ready to buy Maple Finance (MPL). You can easily buy Maple Finance (MPL) using fiat currency or by exchanging other cryptocurrencies like Bitcoin or Ethereum.

1. Go to the DEX page: Navigate to the decentralized exchange (DEX) that supports Maple Finance (MPL) trading.

2. Download and install a Web3 crypto wallet: Use a wallet like Metamask or Trust Wallet, which is supported by the DEX. Set up a new wallet and transfer the necessary cryptocurrency (e.g., ETH or BNB) to your wallet address.

3. Connect your wallet to the DEX: Connect your wallet to the DEX by following the instructions on the DEX page.

4. Find the "Swap" option: Locate the "Swap" option on the DEX and choose the token you want to trade from the dropdown menu in the "From" section and Maple Finance (MPL) in the "To" section.

5. Enter the amount and confirm: Enter the amount you want to trade and confirm the transaction. Your wallet will ask you to confirm the action.

• Ensure you have a valid ID and proof of address for verification.
• Be cautious of scams and fake tokens on DEX platforms.
• Research and compare fees and services among different exchanges before making a purchase.
• Always follow the specific instructions provided by the exchange you choose, as procedures may vary slightly.