#termmax @TermMax
Most DeFi lending relies on utilization based rates. It’s great for flexibility, but predicting long term financing costs becomes a total headache.
TermMax tries to fix this by making duration explicit A fixed rate gives borrowers certainty you know your exact cost before putting capital on the line.
But that certainty comes with a catch secondary liquidity. Once you lock maturity and risk into a fixed contract, trading that position when market conditions shift isn't always smooth.
The real challenge for fixed rate DeFi isn't just making the product it's keeping those contracts liquid and fairly priced when the market moves.
Until then, can duration ever be as easy to trade as standard liquid pools?
#TermMax @TermMax
Most DeFi lending relies on utilization based rates. It’s great for flexibility, but predicting long term financing costs becomes a total headache.
TermMax tries to fix this by making duration explicit A fixed rate gives borrowers certainty you know your exact cost before putting capital on the line.
But that certainty comes with a catch secondary liquidity. Once you lock maturity and risk into a fixed contract, trading that position when market conditions shift isn't always smooth.
The real challenge for fixed rate DeFi isn't just making the product it's keeping those contracts liquid and fairly priced when the market moves.
Until then, can duration ever be as easy to trade as standard liquid pools?
#TermMax @TermMax