Why Fixed-Rate Borrowing Matters in DeFi
Most DeFi users have experienced the pain of floating interest rates. One day your borrowing cost is manageable, the next day it spikes and puts your position at risk. TermMax is trying to solve this problem by offering fixed-rate borrowing and lending.
With TermMax, you can lock in a rate and plan your strategy with more confidence. The protocol also supports one-click leverage and options trading, which makes it more complete as a DeFi platform.
I’m currently participating in the Binance Wallet Booster Campaign and sharing my thoughts on Binance Square. If you value predictability in DeFi, TermMax is worth looking into.