MPL holders can share in the Ongoing Fees accrued to Maple by providing a first-loss reserve available to cover defaults in a Lending Pool of their choosing. MPL holders will deposit a combination of MPL and USDC into a Balancer Pool, and then post those Balancer Pool Tokens (BPTs) to a specific Lending Pool. In order to align incentives, Pool Delegates are required to issue Pool Cover to any pools they create.