#termmax @TermMax

The more I study DeFi, the more I realize that variable rates can quietly change an entire strategy.

You can have the right collateral, the right entry and even the right thesis — but if borrowing costs keep moving, the numbers can change underneath you.

That’s what makes @TermMax interesting to me.

Instead of treating borrowing and lending as something that should constantly reprice, TermMax is building around fixed-rate, fixed-term markets.

That sounds like a small change.

But I think giving capital a defined cost and maturity could make onchain finance much easier to plan around.

The bigger question for me is whether fixed-rate markets can become a normal building block of DeFi, rather than something niche.

#TermMax