From a market structure perspective, @TermMaxFi looks more like an on-chain interest rate curve market.


The essence of TermMaxFi is to differentiate risk levels and return paths through maturity segmentation, allowing funds to be re-priced across different time horizons.
This is very important because it means DeFi is beginning to introduce a "time market."
I personally believe this is an underestimated change. Because once time becomes a tradable variable, the entire yield market is no longer a static pool but a dynamic curve system.
Of course, this kind of structure can also lead to liquidity fragmentation issues, but that is an unavoidable cost of structured finance.
It’s more like trading complexity for financial depth.
@wallchain @TermMaxFi
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