CaTQ
7 Posts
CaTQ
2 Following
28 Followers
112 Liked
Posts
The countdown can attract attention, but what I want to track more is the structure behind it.
AERO putting a vault on @TermMax is quite interesting because the capital waiting behind the option position does not necessarily have to sit idle completely.
Premium from the option creates a layer of potential profit, while the unused USDC can still continue generating yield through Morpho.
What’s worth questioning is:
With the same amount of capital, how effectively can it be used if even the waiting time can produce returns?
I won’t focus too much on the advertised APY figure.
I want to see how the entire cycle plays out, then compare the expected profit structure with the actual outcome when the vault matures.
That’s the real signal worth paying attention to about the product.
#termmax
AERO putting a vault on @TermMax is quite interesting because the capital waiting behind the option position does not necessarily have to sit idle completely.
Premium from the option creates a layer of potential profit, while the unused USDC can still continue generating yield through Morpho.
What’s worth questioning is:
With the same amount of capital, how effectively can it be used if even the waiting time can produce returns?
I won’t focus too much on the advertised APY figure.
I want to see how the entire cycle plays out, then compare the expected profit structure with the actual outcome when the vault matures.
That’s the real signal worth paying attention to about the product.
#termmax
What I find particularly notable about @TermMax không is not the addition of a new DeFi product
Over the past three months, they have continuously expanded from fixed-rate lending into options, institutional venues, and new ecosystems, but the thesis remains fairly consistent: turning interest rates into something predictable.
For traders, a floating rate may not be an issue. But for treasuries or institutions, borrowing at 5% today and then having it become 10% a few weeks later is a completely different problem.
TermMax is trying to solve that with known rate, known term, and known risk.
I like this direction more than the approach of just adding lots of features to create a narrative. If fixed-rate lending truly becomes an infrastructure layer for institutional capital flows, then TermMax’s story will be bigger than just another lending protocol.
25/8 is a milestone worth watching, but I’m more interested in whether TMX after TGE can truly be tied to the activity of the entire system.
#termmax
Over the past three months, they have continuously expanded from fixed-rate lending into options, institutional venues, and new ecosystems, but the thesis remains fairly consistent: turning interest rates into something predictable.
For traders, a floating rate may not be an issue. But for treasuries or institutions, borrowing at 5% today and then having it become 10% a few weeks later is a completely different problem.
TermMax is trying to solve that with known rate, known term, and known risk.
I like this direction more than the approach of just adding lots of features to create a narrative. If fixed-rate lending truly becomes an infrastructure layer for institutional capital flows, then TermMax’s story will be bigger than just another lending protocol.
25/8 is a milestone worth watching, but I’m more interested in whether TMX after TGE can truly be tied to the activity of the entire system.
#termmax
256 point is probably the end of Alpha.
~ wandering around $30 claim done for sure /2
~ wandering around $30 claim done for sure /2
The odds are still out, the points are still high. How many points today, surely not below 250 #binacealpha
Still maintained daily with $AIO waiting for the good odds
Still maintained daily with $AIO waiting for the good odds
Alpha is still fragrant. With a trading level of 18đ/day like this and the points of the odds quite high at present. In 15 days, only 3 odds have been hit. Mostly are low odds. Is it worth continuing to pursue waiting for the fragrant odds?
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