Sometimes the most important innovation isn't higher returns but less anxiety.

This is the most obvious feeling from recent research on @TermMaxFi.
Because one of the biggest user experience issues in DeFi in the past was that no one knew what the interest rate would be tomorrow.
You could make money today, but might end up losing money tomorrow.
And now, with TermMaxFi emphasizing fixed borrowing costs, essentially it's freeing users from interest rate fluctuations.
You'll find this experience is actually very close to traditional finance—costs are fixed, returns are fixed, durations are fixed, and the entire strategic logic suddenly becomes calculable.
The industry significance of this is quite large, because only when the yield structure becomes stable can large-scale institutional funds truly enter the on-chain space.
Otherwise, all yield models can't be planned long-term.
More importantly, fixed interest rates will enable more real financial products to emerge—on-chain bonds, on-chain notes, on-chain structured products.
These things were very difficult to do in the past because the underlying interest rate system was unstable.
And now, the industry has finally started to seriously build a fixed income foundation.
@wallchain @TermMaxFi @River4fun @RiverdotInc