I just saw the news that TermMax will have a TGE on August 25, and it reminded me that I had tried it for a while before—so I’d like to share a few real thoughts.
At first, what really attracted me was its “fixed interest rate” positioning. I’ve borrowed assets on Aave before, but the interest rate fluctuated too much. Sometimes you’d wake up after sleeping and find the borrowing cost had jumped. With TermMax, the interest rate is locked in before opening the position, so both returns and costs are known quantities—your funding plans don’t need to feel so uncertain.
After the V2 version launched, the experience really improved. The issue of liquidity fragmentation was noticeably better. Now TVL has already reached over $90 million, registered wallets exceed 1.5 million, and daily active users even climbed to No. 2 among DeFi lending protocols at one point, right behind Aave. These numbers do a pretty good job of speaking for themselves.
Recently, Binance Wallet ran a Booster campaign with a pool of 2 million TMX tokens, ending on August 24. Hold 2 Alpha Points to be eligible. One more reminder: the campaign tokens have a lock-up period—make sure you read the rules carefully before participating. @TermMax #TermMax
At first, what really attracted me was its “fixed interest rate” positioning. I’ve borrowed assets on Aave before, but the interest rate fluctuated too much. Sometimes you’d wake up after sleeping and find the borrowing cost had jumped. With TermMax, the interest rate is locked in before opening the position, so both returns and costs are known quantities—your funding plans don’t need to feel so uncertain.
After the V2 version launched, the experience really improved. The issue of liquidity fragmentation was noticeably better. Now TVL has already reached over $90 million, registered wallets exceed 1.5 million, and daily active users even climbed to No. 2 among DeFi lending protocols at one point, right behind Aave. These numbers do a pretty good job of speaking for themselves.
Recently, Binance Wallet ran a Booster campaign with a pool of 2 million TMX tokens, ending on August 24. Hold 2 Alpha Points to be eligible. One more reminder: the campaign tokens have a lock-up period—make sure you read the rules carefully before participating. @TermMax #TermMax