#termmax @TermMax
One thing I keep thinking about with DeFi is how much the interest rate can change after you enter a position.

You might start with a rate that looks attractive but a few market moves later the numbers can look completely different.

That’s why the fixed vs floating rate debate is interesting to me.

Floating rates give you flexibility but they also bring uncertainty.

With TermMax the idea is different. Fixed rate markets let users know the borrowing or lending terms for a defined period instead of constantly dealing with changing rates.

I think that kind of predictability could be useful for people managing larger positions.

It still comes with risks though. Liquidity and maturity matter and fixed rates are not automatically better in every market.
#TermMax @TermMax
What would you pick?