Comment on page

Primary Markets

Batch auctions to match bid/ask for fixed-rate borrowing and lending
Primary Markets

What are Primary Markets

The Primary Markets are the core markets on Term Structure. Primary Markets comprise several market places with different base tokens, collateral tokens, and certain maturity dates as standardized loan contracts for borrowers and lenders to match. Borrowers and lenders match their desired amount and interest rates through a batch auction mechanism. It is efficient, fair, and permissionless.