#termmax @TermMax FT, XT & GT are simply seen as three different crypto tokens.
But the truth is that they form the core architecture of TermMax’s fixed rate DeFi ecosystem. 👀
Here’s how FT, XT & GT function:
🔹 FT (Fixed-Term Token): The lending element. FT is earned through lending and can later be cashed out for the amount of principal plus interest.
Essentially, it’s an on-chain fixed income asset.
🔹 XT (eXertion Token): The borrowing element. XT works hand in hand with FT to create debt positions by effectively segregating principal from interest.
🔹 GT (Gearing Token): The leverage element. Rather than having to handle complicated leverage positions manually, GT creates a tokenized version of the whole position.
Why is #TermMax different?
FT makes fixed rate lending possible.
XT makes structured borrowing easier.
GT makes complicated leverage a lot simpler.
A three-part system that all combines to bring about a more efficient DeFi market. In my opinion, this sort of financial architecture is way more interesting than chasing APY percentages.
Which one do you think is the most critical of these three? 👇
#termmax @TermMax ax $GPS
But the truth is that they form the core architecture of TermMax’s fixed rate DeFi ecosystem. 👀
Here’s how FT, XT & GT function:
🔹 FT (Fixed-Term Token): The lending element. FT is earned through lending and can later be cashed out for the amount of principal plus interest.
Essentially, it’s an on-chain fixed income asset.
🔹 XT (eXertion Token): The borrowing element. XT works hand in hand with FT to create debt positions by effectively segregating principal from interest.
🔹 GT (Gearing Token): The leverage element. Rather than having to handle complicated leverage positions manually, GT creates a tokenized version of the whole position.
Why is #TermMax different?
FT makes fixed rate lending possible.
XT makes structured borrowing easier.
GT makes complicated leverage a lot simpler.
A three-part system that all combines to bring about a more efficient DeFi market. In my opinion, this sort of financial architecture is way more interesting than chasing APY percentages.
Which one do you think is the most critical of these three? 👇
#termmax @TermMax ax $GPS