Repaying a loan can sound like only one path.
On @TermMax , a borrower may repay directly. The docs also describe another route: buy the Fixed-Rate Tokens needed for the position in the market, then use them to repay and unlock the collateral.
It is a bit like settling a bill with cash or with a voucher. The voucher route helps only if the exact tokens are available and the final price is truly lower after everything is counted.
That is why I would look at both routes before borrowing, not just at the rate on the first screen.
Would you compare the all-in cost and whether enough is available before choosing how you may repay?
@TermMax $TMX #TermMax
On @TermMax , a borrower may repay directly. The docs also describe another route: buy the Fixed-Rate Tokens needed for the position in the market, then use them to repay and unlock the collateral.
It is a bit like settling a bill with cash or with a voucher. The voucher route helps only if the exact tokens are available and the final price is truly lower after everything is counted.
That is why I would look at both routes before borrowing, not just at the rate on the first screen.
Would you compare the all-in cost and whether enough is available before choosing how you may repay?
@TermMax $TMX #TermMax