#termmax @TermMax At its core, TermMax is a fixed-rate lending and leverage platform. Instead of bolting a lending market onto a generic AMM, it reimagines the Uniswap V3 curve to price debt directly — so borrowers lock in a rate and a term up front, and lenders know exactly what they’ll earn, no floating-rate roulette required.
The mechanism runs on two custom instruments:
• Fixed-Rate Tokens (FT) — represent a lending position with a locked-in return
• Gearing Tokens (GT) — represent a leveraged position, collapsing what used to be a multi-step looping strategy into a single trade
TermMax also handles worst-case scenarios differently. Rather than relying purely on liquidity-dependent liquidations, it supports physical delivery — collateral gets handed directly to lenders when markets get thin or volatile. That design choice also opens the door to collateralizing real-world assets (RWAs) and less liquid tokens that most lending protocols simply won’t touch.
The mechanism runs on two custom instruments:
• Fixed-Rate Tokens (FT) — represent a lending position with a locked-in return
• Gearing Tokens (GT) — represent a leveraged position, collapsing what used to be a multi-step looping strategy into a single trade
TermMax also handles worst-case scenarios differently. Rather than relying purely on liquidity-dependent liquidations, it supports physical delivery — collateral gets handed directly to lenders when markets get thin or volatile. That design choice also opens the door to collateralizing real-world assets (RWAs) and less liquid tokens that most lending protocols simply won’t touch.