binancesqauretalks

I went a little deeper into TermMax today, and the FT + XT design is probably the part I find most interesting. 😗

FT represents the fixed-rate claim, while XT handles the interest obligation. Together, they let TermMax structure borrowing and lending around a defined maturity instead of relying purely on constantly changing rates.

It’s a simple-looking idea, but the token design behind it is quite clever. ☺️

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