Recently, as the on-chain U.S. stock index market corrected downward, I increased my leverage on-chain to add more at the dip. Even just the Gas fees from manually looping through borrow and repay—over and over, with repeated confirmations—made me so heartbroken I wanted to cry. I thought I could catch a rebound, but all the profit got fed to the miners. This move is basically like doing unpaid work for the exchange.
Recently I went through the TermMax whitepaper and found it to be quite fair to retail users:
1. GT leverage packaging: It directly bundles complex loop borrowing into a single NFT (GT), so you can finish in one transaction and save a lot of needless money.
2. Locking in fixed costs: With the FT/XT mechanism, the borrowing interest rate is clearly priced, so you don’t have to live in fear every day that interest will wipe you out.
When you do the math, technology shouldn’t only be a tool for cutting down retail users. When you manually loop borrow, which fee hurts the most for you?
#termmax @TermMax #TermMax
Recently I went through the TermMax whitepaper and found it to be quite fair to retail users:
1. GT leverage packaging: It directly bundles complex loop borrowing into a single NFT (GT), so you can finish in one transaction and save a lot of needless money.
2. Locking in fixed costs: With the FT/XT mechanism, the borrowing interest rate is clearly priced, so you don’t have to live in fear every day that interest will wipe you out.
When you do the math, technology shouldn’t only be a tool for cutting down retail users. When you manually loop borrow, which fee hurts the most for you?
#termmax @TermMax #TermMax