I think the interesting part isn't simply being able to use more leverage.

That doesn't make leverage safe. Collateral can still fall, liquidation risk still exists, and the market can move against the position.
That’s an aspect of TermMax I’ll be watching closely. But removing some of the unnecessary moving parts is meaningful when managing a leveraged strategy.

It is the combination of less transaction complexity and more predictable borrowing costs.

TermMax approaches that process differently with its one-click leverage feature. Those steps can be combined into a single transaction, while the borrowing rate can remain fixed for the chosen term.

I was looking at how leverage works on @TermMax and one detail stood out to me.

The best infrastructure is often the part that makes a complicated strategy feel simple without hiding the risk.

Normally, building a leveraged DeFi position can become a bit messy. You deposit collateral, borrow against it, swap the borrowed assets, and then repeat the process if you want to increase the position.

#termmax @TermMax #TermMax
Which mechanism matters most here?
Generator payout rules
Iteration cap
Next-generator exclusion
Iteration cap
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