#termmax @TermMax
At first, I didn’t really understand why TermMax needs FT, XT, and GT right away.
After reading the documentation, it became much clearer.
🔴 FT — fixed-rate token.
🟠 XT — X Token.
🔵 GT — NFT that represents a leveraged position.
Their combination makes it possible to separate different parts of a credit position and work with them independently.
So, TermMax is trying to turn a standard:
collateral ➡️ loan ➡️ interest
into a more flexible financial structure.
That’s what got my attention.
Because if #DeFi really wants to move closer to traditional fixed-income markets, it won’t need only lending pools.
It will need markets for rates, tenors, and risk.
And TermMax is clearly building in exactly that direction 🔆
#FixedRate
At first, I didn’t really understand why TermMax needs FT, XT, and GT right away.
After reading the documentation, it became much clearer.
🔴 FT — fixed-rate token.
🟠 XT — X Token.
🔵 GT — NFT that represents a leveraged position.
Their combination makes it possible to separate different parts of a credit position and work with them independently.
So, TermMax is trying to turn a standard:
collateral ➡️ loan ➡️ interest
into a more flexible financial structure.
That’s what got my attention.
Because if #DeFi really wants to move closer to traditional fixed-income markets, it won’t need only lending pools.
It will need markets for rates, tenors, and risk.
And TermMax is clearly building in exactly that direction 🔆
#FixedRate