#termmax @TermMax
This is essentially like DeFi’s “fixed-term wealth management + note splitting.” You deposit money to buy an FT, which is the same as buying a discounted IOU note—redeemed at face value at maturity. When interest comes in, it’s locked, so you don’t have to worry about the market flipping overnight. Want leverage? Split your debt into XT and GT. GT is your position NFT—use it to keep looping through borrowing, without getting harassed by liquidation calls. The coolest part is that the interest rate gets matched like a standing order: if you think the APR for this term is worth it, you place the order. Unlike other places where it adjusts whenever you borrow, it doesn’t “change on the fly.” In short, it welds the “how long you borrow and how much you repay” part into place—perfect for people who want to lie back and earn fixed returns.