#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.” �