On April 15, 2024, TermMax launched its mainnet on the Ethereum and Arbitrum platforms. This project aims to transform the decentralized finance (DeFi) space by offering users new opportunities for borrowing and lending.
How TermMax Solves Key DeFi Challenges
TermMax addresses the main challenges faced by DeFi users:
* **Complex Leveraged Yield Strategies** – one-click operations eliminating multi-step transactions. * **Uncertain Floating Rates** – fixed-rate borrowing with set maturity dates. * **Limited Pricing Flexibility** – customizable range orders allow users to set their own borrowing and lending rates. * **Collateral Restrictions** – a liquidation mechanism supporting low-liquidity assets. * **Inefficient Market Making** – a console for market makers allows setting lend-only or borrow-only prices.
TermMax's Vision: The Future of Fixed-Income Markets
Global fixed-income financial markets exceed $100 trillion, while DeFi's fixed-rate market remains below $20 billion. TermMax seeks to create a complete credit market for each token pair, replicating real-world fixed-income markets in the crypto space.
Mainnet Launched: What's Next?
With the TermMax mainnet now live, the project offers the DeFi community new opportunities for borrowing and lending. A new product, TSI (Term Structure Institutional) — KYC-compliant fixed-rate borrowing and lending for institutional clients — will be introduced soon.
The launch of the TermMax mainnet represents a new phase in the development of decentralized finance. The platform provides innovative solutions to streamline borrowing and lending processes, which could have a significant impact on the market.
