Episode Details
Back to Episodes
Pioneering Fixed Rate Loan Auctions on Ethereum with Term Finance | Quick Hit
Description
Dion Chu is the Founder and CEO of Term Finance.
In this Quick Hit, we review a new fixed rate auctions protocol on Ethereum, launching today (August 1st) on Ethereum. DeFi is known for its volatile variable interest rates. Term offers a new non-custodial fixed rate lending and borrowing protocol for a maturing DeFi markets that demand more predictable fixed rates, like those we find in traditional finance. With Term Finance, borrowers and lenders are matched through a unique recurring auction process, poised to usher in enormous growth for DeFi this next bull run!
------
🔗 Essential Show Links 🔗
► Subscribe on YouTube: https://www.youtube.com/playlist?list=PLNzMl-Xdbc4YfQcYdy96wgTAWoMr-3b-j
► For DeFi & Web3 blog posts, podcasts, and tutorials: http://defidad.com/
► Follow DeFi Dad: https://twitter.com/DeFi_Dad
► Follow Nomatic: https://twitter.com/Nomaticcap
------
The Edge Podcast Sponsor Resources
⚖️ KYBERSWAP | DEX AGGREGATOR, AMM, AND AI-POWERED TRADING ANALYTICS POWERED BY KYBER AI
🏗️ MANTLE | HIGH-PERFORMANCE ETHEREUM L2 WITH MODULAR DESIGN, LOW FEES, AND HIGH SECURITY
🥑 INSTADAPP | THE NEW AVOCADO SMART CONTRACT WALLET
⛩️ UTOPIA | PAYROLL AND EXPENSE MANAGEMENT FOR DAOS
🥩 ETHER.FI | DECENTRALIZED AND NON-CUSTODIAL ETHEREUM STAKING PROTOCOL
🏢 PARCL | TRADE YOUR FAVORITE CITIES WITH REAL ESTATE SYNTHETICS
🚜 OETH BY ORIGIN DEFI | AN INNOVATIVE ETH YIELD TOKEN LEVERAGING LEADING LSTS AS COLLATERAL
🙋♀️ Interested to sponsor The Edge Podcast? Fill this out!
------
Topics Covered
00:00 - Intro
07:52 - Background on Dion and origin of Term
15:14 - How Term Finance works
18:38 - Why fixed vs variable rates
22:38 - How auctions work
26:44 - Term repo tokens
27:47 - Guarded launch and results so far
30:18 - What's needed for multi-year term loans
33:31 - Closing
------
🔗 Guest Links 🔗
► Dion Chu on Twitter: https://twitter.com/dionchu
► Term Labs on Twitter: https://twitter.com/term_labs
► Learn about Term Finance: https://term.finance/
► Links to Term Finance Discord, Telegram, and Medium: https://linktr.ee/term.finance
------
🙏 The Edge Podcast is produced by 4RC Labs. If you're a DeFi/Web3 builder, contact our team at: https://fourthrevolution.capital/
All opinions expressed by hosts and podcast guests are solely their own opinions and not necessarily those of Fourth Revolution Capital. Podcast guests and 4RC may have positions in the assets or other matters discussed in this podcast. This podcast is for informational purposes only and should not be relied upon as a basis for investment decisions. Do your own research. This is not a recommendation or endorsement to buy any token(s) related to any platform(s) discussed.