#termmax
Uhhh…$MAGMA took another loss on $BOME . I got trapped and took a short, forgot to close the trade, and woke up to a $50+ loss. 😭
Meanwhile, $TUT gave me instant profit. Crypto really knows how to humble you when you get careless.
@TermMax The Minimalist
Here’s the part of DeFi lending that deserves more attention: who actually decides the rate?
In many AMM-based systems, pricing comes from a predefined formula. It is transparent, but that does not always mean the price reflects what participants actually want.
TermMax takes a different approach with Range Orders.
Market makers can define their own borrowing or lending terms across different rate and liquidity ranges. Multiple Range Orders can exist in the same market, giving borrowers and lenders different offers to choose from.
A lender can define the yield they want. A borrower can define the rate they are willing to pay. Market makers can structure both sides.
The key idea is competition.
If another participant offers better terms, capital can move toward that offer. Pricing becomes an explicit market offer rather than simply a number generated by a formula.
A formula can calculate a price.
A market can choose one.
That is the idea TermMax is building around.
#TermMax
Uhhh…$MAGMA took another loss on $BOME . I got trapped and took a short, forgot to close the trade, and woke up to a $50+ loss. 😭
Meanwhile, $TUT gave me instant profit. Crypto really knows how to humble you when you get careless.
@TermMax The Minimalist
Here’s the part of DeFi lending that deserves more attention: who actually decides the rate?
In many AMM-based systems, pricing comes from a predefined formula. It is transparent, but that does not always mean the price reflects what participants actually want.
TermMax takes a different approach with Range Orders.
Market makers can define their own borrowing or lending terms across different rate and liquidity ranges. Multiple Range Orders can exist in the same market, giving borrowers and lenders different offers to choose from.
A lender can define the yield they want. A borrower can define the rate they are willing to pay. Market makers can structure both sides.
The key idea is competition.
If another participant offers better terms, capital can move toward that offer. Pricing becomes an explicit market offer rather than simply a number generated by a formula.
A formula can calculate a price.
A market can choose one.
That is the idea TermMax is building around.
#TermMax
