#termmax @TermMax
Think about a DeFi borrower who wants liquidity without selling an asset immediately.
The difficult part isn't simply getting the loan. It's knowing the economics of that loan.
What is the rate?
When does it mature?
How much collateral is required?
What happens if the collateral value changes?
@TermMax takes an interesting approach by offering fixed-rate and fixed-term borrowing markets.
That structure can make planning easier because the borrower isn't relying on an unknown future variable rate.
Of course, fixed-rate borrowing doesn't remove risk. Collateral values can still move, and DeFi users need to understand liquidation and maturity conditions before entering a position.
For me, the bigger idea is simple:
DeFi needs more financial products with predictable terms.
#TermMax
Think about a DeFi borrower who wants liquidity without selling an asset immediately.
The difficult part isn't simply getting the loan. It's knowing the economics of that loan.
What is the rate?
When does it mature?
How much collateral is required?
What happens if the collateral value changes?
@TermMax takes an interesting approach by offering fixed-rate and fixed-term borrowing markets.
That structure can make planning easier because the borrower isn't relying on an unknown future variable rate.
Of course, fixed-rate borrowing doesn't remove risk. Collateral values can still move, and DeFi users need to understand liquidation and maturity conditions before entering a position.
For me, the bigger idea is simple:
DeFi needs more financial products with predictable terms.
#TermMax