#termmax I found one feature in @TermMax that really sets it apart from many DeFi protocols—limit orders can be used not only for price, but for the interest rate itself.
In other words, instead of simply taking the current market rate, I can set the level that suits me and wait until the market reaches it. For me, this is an interesting shift in logic: in DeFi, you can actually “hunt” not for the token’s price, but for the needed loan value or yield.
It’s these kinds of details that make me look at #TermMax not as just another lending protocol, but as an attempt to make interest rates a fully-fledged trading parameter.
In other words, instead of simply taking the current market rate, I can set the level that suits me and wait until the market reaches it. For me, this is an interesting shift in logic: in DeFi, you can actually “hunt” not for the token’s price, but for the needed loan value or yield.
It’s these kinds of details that make me look at #TermMax not as just another lending protocol, but as an attempt to make interest rates a fully-fledged trading parameter.