# Term Finance Airdrop Guide

By [MyLord](https://paragraph.com/@mylord) · 2025-01-22

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**Funding & Backing:** Term Finance has raised $8M in a funding round led by **Electric Capital**, with participation from **Coinbase Ventures**, **Circle**, and other notable investors. These funds will help develop the protocol and accelerate its roadmap.

![](https://storage.googleapis.com/papyrus_images/569eabacbf0831f26f91be28d312e5e18e364c93083fe492e53dc46927b2805b.png)

### **Introduction to Term Finance**

**Term Finance** is a decentralized fixed-rate lending and borrowing protocol. Unlike traditional DeFi platforms, it allows users to fix both the term and rate of their loans, offering a more predictable financial experience.

Time Required: **15 Minutes**

**Key Features:**

*   **Fixed-Rate Lending**: Ensures stability by offering predictable, on-demand yields.
    
*   **Auction-Based Matching**: Matches borrowers and lenders through periodic auctions (typically 4 weeks) where rates are set based on bids and offers.
    

### **How It Works**

1.  **Deposits & Purchase Price:** Borrowers transfer collateral tokens at a "Purchase Price." Lenders receive an ERC-20 token called the "Repo token," representing the repurchase price on a 1:1 ratio.
    
2.  **Lending Cycle:** The lending cycle is short (4 weeks), which currently makes fixed-rate lending less popular due to its operational challenges.
    
3.  **Blue Sheets:** To simplify the process, **Term Finance** has introduced **Blue Sheets** to make fixed-rate lending more accessible and efficient, providing users with seamless access to predictable yields.
    

### **Current Challenges & Innovations**

*   **Challenges:** The demand for fixed-rate lending in DeFi is low because short lending cycles (4 weeks) can be cumbersome for users.
    
*   **Innovations:**
    
    *   **Blue Sheets** simplify fixed-rate lending, making it more user-friendly and encouraging participation.
        
    *   **Yield Bearing Strategies:** Although advanced and not for everyone, these strategies offer unique opportunities for users who can navigate them.
        

### **Caution & Disclaimer**

This is an advanced farming strategy, and any airdrop potential has not been confirmed or stated by Term Finance. **Proceed with caution.**

### **Stay Connected**

*   **Discord:** [Term Finance Discord](https://discord.gg/VwKktJDP)
    
*   **Twitter:** [@term\_labs](https://twitter.com/term_labs)
    
*   **Documentation:** Term Finance DocsExplore more about liquidated damages, fixed-rate lending, and how borrowers are subject to an 8% liquidation penalty if they default.
    

[https://docs.term.finance/](https://docs.term.finance/)

[https://x.com/term\_labs](https://x.com/term_labs)

[https://discord.com/invite/VwKktJDP](https://discord.com/invite/VwKktJDP)

### **Why Term Finance Stands Out**

With its innovative approach to fixed-rate lending, Term Finance addresses the complexities of DeFi, paving the way for greater financial stability and accessibility. Whether you're a seasoned DeFi user or exploring advanced farming strategies, this protocol is worth keeping an eye on

Joining Link :

[https://app.term.finance/rewards](https://app.term.finance/rewards)

Earn free Terms points without depositing

In the reward tab, get invite link from the comment section, Input invite to unlock Sign message, complete tasks and DONE

Galxe Quest Link :

[https://app.galxe.com/quest/term/GC2GptV9tT](https://app.galxe.com/quest/term/GC2GptV9tT)

Connect Wallet Complete tasks and QUIZ

QUIZ Answer: \[Flex your Knowledge\]

B. A straightforward way...

D. Swap freely ....

E. All... C. Boomers looking....

B. No, this is Term...

Thats it for now

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*Originally published on [MyLord](https://paragraph.com/@mylord/term-finance-airdrop-guide)*