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Feb 13

CryptoAZ Round 2 #1 — Term Finance: Fixed Rates, Wrong Timing

Verdict: WATCHThis piece is part of CryptoAZ Round 2, where I move beyond protocol introductions and focus on whether a design actually makes sense to use today. Term Finance is a strong fixed-rate lending design operating in weak market conditions — and that distinction matters.Why Term, and why now? Most DeFi lending operates on floating interest rates. When utilization rises, rates spike. When demand fades, they collapse. This model is capital-efficient — but it makes future borrowing cost...

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Thoughtful crypto analysis focused on DeFi, RWA, and on-chain fundamentals — not hype.

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