#termmax @TermMax
AND WHAT IF ONE POSITION WORKS ON BOTH SIDES?
In TermMax, there is Two-Way Range Order mechanics.
The idea is simple, but the construction itself is interesting.
One structure contains:
BORROWING RATE
+
LENDING RATE
That means a participant can simultaneously set terms for both sides of the market.
If there is a difference between them:
LENDING RATE
>
BORROWING RATE
that difference forms the spread.
That’s why Two-Way Range Order is no longer just “to borrow” or “to lend.”
It’s a way to structure both sides of the fixed-rate market within a single system.
For me, this is one of the most interesting elements of TermMax.
Because here the protocol starts to look not just like a lending platform.
But as infrastructure for building your own fixed-rate market.
#TermMax
#DeFi
#Yield
AND WHAT IF ONE POSITION WORKS ON BOTH SIDES?
In TermMax, there is Two-Way Range Order mechanics.
The idea is simple, but the construction itself is interesting.
One structure contains:
BORROWING RATE
+
LENDING RATE
That means a participant can simultaneously set terms for both sides of the market.
If there is a difference between them:
LENDING RATE
>
BORROWING RATE
that difference forms the spread.
That’s why Two-Way Range Order is no longer just “to borrow” or “to lend.”
It’s a way to structure both sides of the fixed-rate market within a single system.
For me, this is one of the most interesting elements of TermMax.
Because here the protocol starts to look not just like a lending platform.
But as infrastructure for building your own fixed-rate market.
#TermMax
#DeFi
#Yield
