DeFi lending always had one major flaw: variable rate decay. You deposit into a pool chasing a 15% APY, and two days later it’s sitting at 2.1% because capital rushed in.
What makes @TermMax interesting isn't just "fixed rates," but how they handle idle capital.
Lenders lock yields upfront via zero-coupon style Fixed-Rate Tokens (FT), but if capital sits unmatched in a vault, it routes automatically to underlying protocols like Aave or Morpho instead of earning zero.
That passive base yield + fixed-term structure fixes a massive capital efficiency problem. Over $90M TVL across 10+ EVM chains shows the demand is real.
With $TMX launching on August 25, fixed income primitives are finally getting built properly in Web3.
#TermMax #DEFİ #Web3
$BNB $ETH $BTC
What makes @TermMax interesting isn't just "fixed rates," but how they handle idle capital.
Lenders lock yields upfront via zero-coupon style Fixed-Rate Tokens (FT), but if capital sits unmatched in a vault, it routes automatically to underlying protocols like Aave or Morpho instead of earning zero.
That passive base yield + fixed-term structure fixes a massive capital efficiency problem. Over $90M TVL across 10+ EVM chains shows the demand is real.
With $TMX launching on August 25, fixed income primitives are finally getting built properly in Web3.
#TermMax #DEFİ #Web3
$BNB $ETH $BTC