Fixed rates could solve one of DeFi’s biggest headaches
Most DeFi lending markets use variable rates, which means your borrowing cost can change while your position is still open
TermMax takes a different approach with fixed-rate, fixed-term lending and borrowing — you know the rate and maturity upfront instead of dealing with constant rate changes
It also goes beyond basic lending with options-style products and one-click leverage, giving users more ways to structure their positions onchain
What I find interesting is the focus on making DeFi more predictable rather than simply adding another lending market
Of course, fixed rates don’t remove smart-contract, liquidity or market risk, so the mechanics still matter
Would you prefer fixed-rate DeFi over variable-rate borrowing?
#TermMax @TermMax
Most DeFi lending markets use variable rates, which means your borrowing cost can change while your position is still open
TermMax takes a different approach with fixed-rate, fixed-term lending and borrowing — you know the rate and maturity upfront instead of dealing with constant rate changes
It also goes beyond basic lending with options-style products and one-click leverage, giving users more ways to structure their positions onchain
What I find interesting is the focus on making DeFi more predictable rather than simply adding another lending market
Of course, fixed rates don’t remove smart-contract, liquidity or market risk, so the mechanics still matter
Would you prefer fixed-rate DeFi over variable-rate borrowing?
#TermMax @TermMax