🔆TermMax’s Vision

At TermMax, our vision is to establish a comprehensive foundation for fixed-rate markets and yield curves within the DeFi ecosystem. We aim to build the standard for fixed-income markets in the crypto world by creating an entire yield curve—also known as the term structure—for each token pair.

Expanding Financial Operations in DeFi

To establish a sustainable fixed-income market, it is essential to offer a full spectrum of financial management tools, including:

• Lending and Borrowing Assets: Enabling users to lend or borrow assets with fixed terms and rates.

• Long and Short Positions on Spot Assets: Allowing investors to speculate on or hedge against price movements.

• Leveraged Yield Positions: Providing the ability to long or short yields of yield-bearing tokens with leverage.

TermMax addresses this need by providing a fully decentralized borrowing/lending market that creates fixed maturity dates and borrowing/lending rates. This empowers users to engage in various financial strategies, leveraging their assets more effectively within the DeFi space.

Leveraging Fixed-income Tokens for Higher Yields

We leverage PT tokens from Pendle Finance and other yield-bearing tokens as collateral to generate higher and sustainable yields. By integrating these tokens into our platform, we aim to achieve better:

• Amplified Returns: Users can enhance their returns through leveraging mechanisms while maintaining transparency and security.

• Collateral Utilization: Utilizing a broader range of assets, including yield-bearing tokens and RWA, maximizes investment opportunities and capital efficiency.

Establishing the Yield Curve Foundation

Through these financial operations driven by market demands, TermMax will build an entire yield curve for each token pair. This term structure serves as the standard for the fixed-income market in the crypto world, laying the groundwork for more advanced financial instruments and derivatives.

• Market Standardization: Providing clear and accessible yield curves establishes benchmarks for pricing and valuation.

• Enhanced Market Depth: A complete yield curve attracts a wider range of participants, increasing liquidity and stability.