I came across a component that unexpectedly links two products I’ve been tracking in parallel: #TermMax launched the fixed-rate market, where tokenized shares of Ondo Global Markets are accepted as collateral.
In theory, you can hold a tokenized equity position and borrow stablecoins against it at a fixed rate without selling the position itself.
A similar logic has already appeared with tokenized shares and Venus Protocol in another context—this kind of collateralization is becoming not a one-off feature of a single protocol, but a growing pattern across DeFi.
@TermMax
In theory, you can hold a tokenized equity position and borrow stablecoins against it at a fixed rate without selling the position itself.
A similar logic has already appeared with tokenized shares and Venus Protocol in another context—this kind of collateralization is becoming not a one-off feature of a single protocol, but a growing pattern across DeFi.
@TermMax