Honestly, earlier I didn’t really understand why fixed rates are needed in DeFi 🌚
But then I thought: if you’re taking out a loan or building some strategy for several months, you at least want to roughly understand your future costs.
That’s what made me interested in @TermMax
💡 The idea is simple: you know the terms in advance up to the repayment date, instead of waking up a week later and seeing completely different numbers.
I also liked that the project has different tools for different users. Someone might find lending interesting, someone might need GT for working with leverage, and someone might choose Vaults, where you can delegate capital management.
So far I’m only getting familiar with the protocol, but I like that the team is trying to make DeFi more understandable and predictable. ⚡️
#termmax @TermMax
But then I thought: if you’re taking out a loan or building some strategy for several months, you at least want to roughly understand your future costs.
That’s what made me interested in @TermMax
💡 The idea is simple: you know the terms in advance up to the repayment date, instead of waking up a week later and seeing completely different numbers.
I also liked that the project has different tools for different users. Someone might find lending interesting, someone might need GT for working with leverage, and someone might choose Vaults, where you can delegate capital management.
So far I’m only getting familiar with the protocol, but I like that the team is trying to make DeFi more understandable and predictable. ⚡️
#termmax @TermMax
