#termmax @TermMax Here an original post for Square about Volatility is the default in yields is building an alternative fixed rate fixed term lending and borrowing markets Instead of guessing what will be next week, you can lock in a rate upfront Lenders get predictable returns borrowers get cost certainty, and each market uses isolated pools to contain risk This matters for anyone managing treasury leverage or just wanting stable yield without constant rebalancing brings bond like structure on chain Clear terms clear rates clear risk
#TermMax @TermMax