#termmax @TermMax
When I first looked at DeFi, the first thing I saw was basically the APY.

Now I look a little further:

Where does this yield come from?

How long can it last?

Where are the risks?

Especially once your capital is a bit larger, chasing the highest return alone isn’t that important anymore.

Wouldn’t it be better to know in advance roughly what the returns and costs will be?

That’s also one of the reasons I’ve been paying attention to fixed-rate products recently.