#termmax
been messing around with what TermMax actually lets you use as collateral and it's a lot more flexible than I expected going in.
if you're holding a Pendle PT token, you don't have to just sit on it till maturity waiting for the yield to show up.
TermMax lets you post that PT as collateral and borrow against it, so you can basically pull liquidity out early or loop the position to stack more exposure to the same yield, without unwinding the PT itself. that's the kind of thing that used to mean juggling three different protocols and now it's just one deposit.
same logic applies to LSTs and LRTs.
staked ETH derivatives keep earning their underlying staking yield the whole time they're sitting as collateral on TermMax, you're not choosing between staking rewards and borrowing power anymore, you get both stacked on top of each other. feels obvious once you see it working but a lot of lending markets still make you pick one or the other.
what makes this actually usable day to day is TermMax isn't stuck on one chain. the same fixed rate model is live across Ethereum, Arbitrum, BNB Chain, Berachain and a few others,
so wherever your PT or LST already lives, chances are you don't need to bridge it somewhere else just to put it to work. that consistency across chains is honestly underrated, most protocols expand and the experience gets worse on the newer chains, this one's held up the same everywhere I've tried it.
@TermMax #TermMax
been messing around with what TermMax actually lets you use as collateral and it's a lot more flexible than I expected going in.
if you're holding a Pendle PT token, you don't have to just sit on it till maturity waiting for the yield to show up.
TermMax lets you post that PT as collateral and borrow against it, so you can basically pull liquidity out early or loop the position to stack more exposure to the same yield, without unwinding the PT itself. that's the kind of thing that used to mean juggling three different protocols and now it's just one deposit.
same logic applies to LSTs and LRTs.
staked ETH derivatives keep earning their underlying staking yield the whole time they're sitting as collateral on TermMax, you're not choosing between staking rewards and borrowing power anymore, you get both stacked on top of each other. feels obvious once you see it working but a lot of lending markets still make you pick one or the other.
what makes this actually usable day to day is TermMax isn't stuck on one chain. the same fixed rate model is live across Ethereum, Arbitrum, BNB Chain, Berachain and a few others,
so wherever your PT or LST already lives, chances are you don't need to bridge it somewhere else just to put it to work. that consistency across chains is honestly underrated, most protocols expand and the experience gets worse on the newer chains, this one's held up the same everywhere I've tried it.
@TermMax #TermMax