Term Finance
Term Finance is a decentralized lending protocol that utilizes a unique auction model to support scalable fixed-rate/fixed-term lending, a first in DeFi. It brings borrowers and lenders together in a fair and transparent auction process to determine a single market clearing rate that all participants will pay or receive, whether large or small.
Overview
Term Finance is a decentralized lending protocol that utilizes a unique auction model to support scalable fixed-rate/fixed-term lending, a first in DeFi. It brings borrowers and lenders together in a fair and transparent auction process to determine a single market clearing rate that all participants will pay or receive, whether large or small.
- Sector
- # Other
- Ecosystem
- —
Team
Team information has not been disclosed.
Funding history
2 disclosed rounds- Strategic
5,500,000 USD
- Seed
2,500,000 USD
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