One click, three separate things
One-click leverage sounds like one action. The documentation describes three.
You supply debt tokens. The protocol takes a flash loan for the rest. The combined amount then buys the collateral asset, and that purchase gets locked into a Gearing Token.
Step two is the one worth sitting with. It's a market buy. It routes through a swap adapter — the audited scope names Kyberswap and Odos adapters — and which adapters are permitted is controlled by an admin role.
So your rate is fixed at entry. Your entry price isn't. A thin moment in the collateral's DEX liquidity shows up as worse execution on the position you just opened, and rate certainty repairs none of it.
This is still clearly better than manual looping across four protocols. Fewer transactions, less gas, one atomic failure point instead of five.
But "fixed rate" describes the financing, not the fill.
Do you check collateral DEX depth before opening a leveraged position, or only the APR?
#termmax @TermMax #DEX
One-click leverage sounds like one action. The documentation describes three.
You supply debt tokens. The protocol takes a flash loan for the rest. The combined amount then buys the collateral asset, and that purchase gets locked into a Gearing Token.
Step two is the one worth sitting with. It's a market buy. It routes through a swap adapter — the audited scope names Kyberswap and Odos adapters — and which adapters are permitted is controlled by an admin role.
So your rate is fixed at entry. Your entry price isn't. A thin moment in the collateral's DEX liquidity shows up as worse execution on the position you just opened, and rate certainty repairs none of it.
This is still clearly better than manual looping across four protocols. Fewer transactions, less gas, one atomic failure point instead of five.
But "fixed rate" describes the financing, not the fill.
Do you check collateral DEX depth before opening a leveraged position, or only the APR?
#termmax @TermMax #DEX