#termmax @TermMax
The interesting part of the TermMax lender orders: your USDC doesn’t necessarily sit idle while waiting for a borrower.
As long as it isn’t matched, the principal can generate Morpho’s base yield. Once a borrower matches your fixed offer, it moves into fixed-rate position.
So the lender experience boils down to:
Wait → earn the base yield → match → lock in the fixed rate
That’s why the matching phase is an important part of TermMax’s design—not just idle time.
The interesting part of the TermMax lender orders: your USDC doesn’t necessarily sit idle while waiting for a borrower.
As long as it isn’t matched, the principal can generate Morpho’s base yield. Once a borrower matches your fixed offer, it moves into fixed-rate position.
So the lender experience boils down to:
Wait → earn the base yield → match → lock in the fixed rate
That’s why the matching phase is an important part of TermMax’s design—not just idle time.