Sherlock deposited 5M USDC into Maple on August 31st, 2022. This came after many discussions with the M11 credit team over the summer about the pool and its performance after the UST/Luna blowup and 3AC/Celsius/Voyager/BlockFi issues. The pool had taken no losses from any of those events, and in late August Sherlock agreed with M11 Credit's assessment that the contagion was mostly over. Obviously, the FTX situation last month proved that Sherlock was very wrong about this.