#termmax
Went back to check my TermMax positions after the airdrop settled, and something clicked I hadn't noticed before. Every fixed-rate position you hold is really just one half of an FT/XT pair — someone locked in the rate you're getting because someone else needed the opposite exposure. It's not the protocol setting your yield, it's just matching two people who wanted different things. Feels obvious once you see it, but most fixed-rate protocols hide that behind a single "APY" number and call it a day. This one doesn't. Curious how deep that matching stays as more pairs go live.
#TermMax @TermMax
Went back to check my TermMax positions after the airdrop settled, and something clicked I hadn't noticed before. Every fixed-rate position you hold is really just one half of an FT/XT pair — someone locked in the rate you're getting because someone else needed the opposite exposure. It's not the protocol setting your yield, it's just matching two people who wanted different things. Feels obvious once you see it, but most fixed-rate protocols hide that behind a single "APY" number and call it a day. This one doesn't. Curious how deep that matching stays as more pairs go live.
#TermMax @TermMax