Blockchain-based crypto lending protocol Maple Finance is preparing to launch a lending pool that invests in U.S. Treasury bonds, co-founder and CEO Sidney Powell said during a protocol community call on Tuesday.

Powell also said Maple is planning to hold a community vote later this year about new tokenomics and utility for its native token, MPL.

MPL rallied 23% ahead of the community call, which CoinDesk attended.

The developments come as the platform is recovering from a disastrous year for crypto lending that was plagued with insolvencies of borrowers. After the FTX exchange’s sudden implosion in November Maple experienced $36 million of credit defaults, causing hefty losses for liquidity providers.

The total value locked (TVL) on the protocol, a popular metric in decentralized finance, dropped to $40 million from $930 million last May, per data by DefiLlama. The MPL token plummeted to as low as $4 from an all-time high of $68.2 last April.

Read more: Maple Finance's $54M of Sour Debt Shows Risks of Crypto Lending Without Collateral

Maple released an upgraded version of its platform late last year and started a new tax receivables lending pool last month as part of the protocol’s effort to position itself as a credit platform connecting traditional finance and blockchain technology.

“Real-world asset lending is going to be a huge trend,” Powell said during the call.

The upcoming pool will allow accredited investors and corporate treasuries based outside of the U.S. to invest their stablecoin holdings in U.S. Treasury bonds and earn a yield.

The protocol expects demand for the pool because crypto investors are looking for yields in traditional assets such as government bonds, while trust in banking facilities has decreased after recent bank implosions in the U.S.

Read more: SVB Collapse Shows the Rot in U.S. Banking and Dollars

Maple is also working on additions to its lending offerings, Powell said during the call. A new feature, internally referred to as Maple Prime, will let borrowers actively manage their collateral positions. The protocol plans to expand into open-term lending, which will let borrowers to open credit lines to borrow without a maturity date.