#termmax @TermMax
you mean TermMax (TMX) decentralization, it is not fully decentralized yet.
Current governance: TermMax plans to use TMX as its utility and governance token. Token holders are intended to vote on protocol parameters, collateral, and upgrades. �
TS Finance Docs
Current control: Some important functions still use centralized/role-based permissions, including Curators, Guardians, and Allocators, with timelocks for certain changes. �
TS Finance Docs
Decentralization roadmap: TermMax explicitly lists “Governance Token Launch — Decentralizing Termmax control through community governance.” �