#termmax

Imagine you are setting a lending strategy and you donot Want every unit of liquidity to earn the same rate.

Thats where TermMaxs Range Order model gets interesting.

In a traditional AMM pricing is generally determined by a predefined pricing formula. TermMax takes a different approach for its Lending markets a range order setter can define how liquidity is distributed across different interest rate levels.

So instead of saying this entire pool follows one pricing curve you can build several rate segments.

For example a lending range order could offer the first portion of liquidity at a lower rate then move toward higher rates as more of the order Gets filled. TermMaxs docs show this kind of segmented pricing curve directly.
That changes what the market maker is controlling.

The question isnot only how much capital to provide. Its where Along the interest rate curve that capital should become available.

And thats the part I find useful about the comparison traditional AMMs give you a pricing Mechanism TermMaxs Range Orders let the setter shape the pricing curve around the lending or borrowing strategy itself.

@TermMax TMX #TermMax