#termmax @TermMax To be honest, there are just too many DeFi projects right now.

Every day there are new protocols, new points, and new tasks—after watching for a while, it’s really easy to get aesthetic fatigue.

So when I look at projects now, I actually ask three questions first:

1. What problem is it truly solving?
2. Is the product really being used by real people?
3. Besides points and airdrops, is there a reason for it to exist long-term?

The part about TermMax that’s been piquing my interest lately is that it has been building products around fixed-rate, lending, and Alpha-related things, rather than just putting together a “points campaign.”

Of course, it’s still too early to draw conclusions.

Let’s observe the data and real usage first, and only then decide whether to go deeper.