 | Term FinanceTerm is a decentralized non-custodial lending protocol where users can borrow or lend on a fixed rate basis by participating in weekly (Term) auctions. Seed Round: $2.5 Million IMPORTANT: By investing in this business you agree to ourDisclaimer. All information including our rating, is provided merely for informational purposes. CryptoTotem does not provide investment advice. |
Overview
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What is 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.
DetailsRaised: 2,500,000 USDLegalBlockchain Platform: EthereumRegistration year: 2023 | Token infoToken standard: ERC-20 |
Project team
Dion Chu
Founder, CEO
Andrew Zhou
Founding Engineer
Billy Welch
Co-Founder
Dai Yu
Founder, CFO
Social media
