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Term Finance

Term 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

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Overview

Project industryCrowdfunding & Lending
Product typeProtocol
FoundedUnited States

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.

Details

Raised: 2,500,000 USD

Legal

Blockchain Platform: Ethereum
Registration year: 2023

Token info

Token standard: ERC-20

Project team

Dion Chu
Dion Chu
Founder, CEO
Dion Chu linkedin
Andrew Zhou
Andrew Zhou
Founding Engineer
Andrew Zhou linkedin
Billy Welch
Billy Welch
Co-Founder
Billy Welch linkedin
Dai Yu
Dai Yu
Founder, CFO
Dai Yu linkedin

Social media

Term Finance web-siteTerm Finance TelegramTerm Finance LinkedInTerm Finance X (Twitter)

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