#termmax @TermMax I have been looking more closely at TermMax & the part I am still trying to understand is what happens when the system gets pushed into less-than-perfect conditions.

The dual-oracle setup sounds useful on paper, but I am more interested in how it behaves around real edge cases: delayed updates unusual market moves or conflicting price signals.

The other question is governance.

If sTMX holders get more influence over the system, does that actually move decision-making toward the community or is it mainly giving them control over parameters within a framework the team already designed?

And then there is the Treasury-to-staker side.

There is plenty of activity around the ecosystem but activity alone doesn0t prove that the economics are sustainable. I keep wondering how much of the current positioning would remain if the incentive layer became less attractive.

Maybe thats normal pre-TGE behavior. Rewards can obviously pull capital in.

But for me the more important test is what happens after the rewards stop being the main reason to stay.

That is where I think TermMax’s real economic durability becomes much easier to judge.

What will prove TermMax is sustainable?