Everyone is confused—everyone says next week @TermMax will be the big one. I staked in the community with 100U and got a few badges, but they won’t even give me a sip of soup. Tonight I just cashed in the old coins 😅. If you completed the Binance check-in tasks, don’t worry—it will be sent directly to your wallet; if you can’t find it, that’s normal.
The first time I saw a newbie like @TermMax , the easiest mistake was to misunderstand one sentence: Fixed rate = safer.
But actually, it isn’t.
TermMax fixes the funding cost of your loan over the term, not locking in the coin-price risk as well. If you use assets like ETH as collateral and the market really drops hard, if the collateral ratio isn’t enough, liquidation will still happen.
So what it solves is a different thing: when you used leverage before, you not only had to guess the coin price—you also had to worry that the borrowing interest rate might suddenly spike. With TermMax, at least one of those variables is fixed for you first.
I think this is the simplest way for a newbie to understand fixed rates:
It doesn’t help you eliminate risk—it just makes you guess one less thing.
This is also something I appreciate about $TMX. The truly valuable part of financial products is often not how high the returns are hyped to be, but whether they can take the previously vague risks and break them down clearly, so users know exactly what they’re betting on.
#TermMax
The first time I saw a newbie like @TermMax , the easiest mistake was to misunderstand one sentence: Fixed rate = safer.
But actually, it isn’t.
TermMax fixes the funding cost of your loan over the term, not locking in the coin-price risk as well. If you use assets like ETH as collateral and the market really drops hard, if the collateral ratio isn’t enough, liquidation will still happen.
So what it solves is a different thing: when you used leverage before, you not only had to guess the coin price—you also had to worry that the borrowing interest rate might suddenly spike. With TermMax, at least one of those variables is fixed for you first.
I think this is the simplest way for a newbie to understand fixed rates:
It doesn’t help you eliminate risk—it just makes you guess one less thing.
This is also something I appreciate about $TMX. The truly valuable part of financial products is often not how high the returns are hyped to be, but whether they can take the previously vague risks and break them down clearly, so users know exactly what they’re betting on.
#TermMax