Each time BTC experiences a strong upward wave, demand to borrow stablecoins for leverage usage surges dramatically. The most intractable problem with floating-rate lending pools at this time is that the borrow rate can be pushed very high within just a few hours, directly eroding most of the position’s profits.
This is precisely why the Fixed rate model of @TermMax is receiving a great deal of attention. By allowing borrowers to lock in borrowing costs and lending interest rates over a set term, traders and investors can calculate the cost of capital accurately, eliminating entirely the risk of having the rate suddenly changed when the market moves sharply.
With the market this excited right now, what does everyone think about the potential of the fixed-rate lending segment at #TermMax ?