DeFi nailed floating-rate lending. But somehow…we might've forgotten the other half? For years, we’ve had “fixed-rate lending” protocols, but fixed-rate borrowing might be what people actually need. Borrowers want certainty and not a cost curve that shifts every other day. In tradfi, locking in your rate means you can plan, hedge, and sleep soundly. In DeFi, you borrow today and your interest rate starts doing cartwheel tomorrow. Aave, Compound, Morpho are all incredible, but their borrowing costs change block by block. Running a DAO treasury or leverage strategy on that...not ideal. That’s where @TermMaxFi steps in → the first protocol to offer true fixed-rate borrowing in DeFi. Borrowers can finally lock in their rates from day one until maturity, no auctions, no waiting, no praying the market doesn’t turn. How does it work? • Lenders receive FT, a zero-coupon bond-style token redeemable for principal plus interest. • Borrowers receive GT, which they burn to unlock collateral once repaid. Besides, for leverage traders, it means predictable ROI and quantifiable strategies. For DAO treasuries, stable financing and long-term clarity. For institutions, reproducible strategies and locked borrowing costs. Pill believes that when costs are more easily accountable for, utilisation rates will rise. This helps the protocols, users, and potentially stack more incentives to scale utilisation. DeFi’s been floating long enough - it’s time we fixed it with @TermMaxFi