As more assets enter the blockchain, the richness of financial instruments will become a key factor in determining the development of the ecosystem.

In the past, DeFi mainly focused on lending and trading, but for the financial market to operate truly completely, yield management and interest rate discovery mechanisms are also needed.
@TermMaxFi It is precisely in exploring this layer of infrastructure. It enables more transparent and efficient yield products through on-chain interest rate protocol design, and provides users with more asset management options.
From the current public information, TermMax has completed protocol development and is continuously promoting ecosystem development around the fixed income field.
I believe that in the future, on-chain finance will not just copy traditional finance, but will leverage blockchain advantages to redesign financial structures.
As an important part of capital operation, the interest rate market has the opportunity to become a vital link connecting users, assets, and protocols.
The direction explored by TermMax is to develop DeFi from a single financial tool into a complete financial system.
@wallchain @TermMaxFi