How @TermMax works in simple terms:
- Lending: You deposit crypto assets into the TermMax lending market. In return, you earn a set interest rate for a specific period.
- Borrowing: You put up an asset as collateral and then borrow another asset. TermMax uses a market mechanism with a set interest rate and maturity.
- Fixed rate + fixed maturity: This is the core concept of TermMax. For example, you borrow USDT for 90 days at 8% interest. The interest rate is fixed for that period, making it easier to estimate costs compared to loans with constantly changing interest rates.
- Leverage: TermMax also offers leveraged products that allow users to increase exposure to certain assets, but they also carry greater risks.
- Vaults: There are managed strategies/vaults that help users earn returns on deposited assets without having to manually manage strategies.
The simplest example: You have $ETH → used as collateral → you borrow $USDT → the loan has a certain tenor and a predetermined fee → at maturity, the loan is settled according to market conditions.
#TermMax #TermMax❤️❤️
- Lending: You deposit crypto assets into the TermMax lending market. In return, you earn a set interest rate for a specific period.
- Borrowing: You put up an asset as collateral and then borrow another asset. TermMax uses a market mechanism with a set interest rate and maturity.
- Fixed rate + fixed maturity: This is the core concept of TermMax. For example, you borrow USDT for 90 days at 8% interest. The interest rate is fixed for that period, making it easier to estimate costs compared to loans with constantly changing interest rates.
- Leverage: TermMax also offers leveraged products that allow users to increase exposure to certain assets, but they also carry greater risks.
- Vaults: There are managed strategies/vaults that help users earn returns on deposited assets without having to manually manage strategies.
The simplest example: You have $ETH → used as collateral → you borrow $USDT → the loan has a certain tenor and a predetermined fee → at maturity, the loan is settled according to market conditions.
#TermMax #TermMax❤️❤️