The more I look into TermMax, the more I notice that its approach to borrowing and lending feels different from the usual pool-based model.
In a typical lending pool, users often interact with the rates available at that moment. TermMax takes a more market-oriented approach by letting market makers create range orders with their preferred pricing, while market takers can fill those existing orders based on what they need.
That distinction actually makes sense to me. A borrower can look for a suitable lending order and get debt at a defined rate and maturity. A lender can do the opposite by filling borrowing orders and targeting a fixed return. Even a leverager can use the market to build a leveraged position.
What I find interesting is that pricing isn't simply handed to everyone by one pool. Different participants can contribute liquidity and pricing preferences, while others choose the offers that fit their strategy.
For me, #TermMax is interesting because it treats borrowing and lending more like an actual marketplace, where different participants meet with different objectives, rather than everyone interacting with the same generic pool.
@TermMax #TermMax
In a typical lending pool, users often interact with the rates available at that moment. TermMax takes a more market-oriented approach by letting market makers create range orders with their preferred pricing, while market takers can fill those existing orders based on what they need.
That distinction actually makes sense to me. A borrower can look for a suitable lending order and get debt at a defined rate and maturity. A lender can do the opposite by filling borrowing orders and targeting a fixed return. Even a leverager can use the market to build a leveraged position.
What I find interesting is that pricing isn't simply handed to everyone by one pool. Different participants can contribute liquidity and pricing preferences, while others choose the offers that fit their strategy.
For me, #TermMax is interesting because it treats borrowing and lending more like an actual marketplace, where different participants meet with different objectives, rather than everyone interacting with the same generic pool.
@TermMax #TermMax
