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〽️ᄃムt 🐾

@mztacat

Published: January 3, 2025
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1/19
12:47 PM

🃏 Term Finance: Complete Uncommon Guide [Defi 501] Reward: Not Confirmed Electric Capital, Coinbase Ventures, among other Investors, lead funding [$8M] to develop protocol and accelerate its roadmap 🚥 ⌛️ Time: 15 Minutes 𑫱 Difficulty: 🌟🌟🌟🌟 [Yield Bearing] 🚥 INTRO: @term_labs is a decentralized fixed-rate lending & borrowing protocol that allows users to fix both the term and rate of loans. Mini-thread 🧵

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2/19Continued
12:47 PM

@term_labs 1/15 --- 🧮 Funding raised -- Term Finance raised $8M in a funding round led by Electric Capital been the lead, Coinbase Ventures, Circle among other Investors.

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3/19Continued
12:47 PM

2/15 -- THIS IS AN ADVANCED FARMING STRATEGY WITH AIRDROP NOT CONFIRMED OR STATED ANYWHERE -- Proceed with caution ⚠️ = Yield Bearing [Not for all]

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4/19Continued
12:48 PM

3/15 --- 🧮 What is Term Finance? --- Term Finance matches borrowers and lenders through auctions (mostly 4 weeks) where settlement rate is determined by auction and quotes provided by both parties [Offer and Bid] FOCUS IS ON FIXED RATE {unlike other markets which is determined by deposits} Each auction has fixed collateral and loan assets, and the bid of the lenders and borrowers determines the interest rate.

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Image in tweet by 〽️ᄃムt 🐾
5/19Continued
12:48 PM

4/15 ---🚦 What happens after deposit? -- Purchase Price is the price at which the borrower transfers collateral tokens to the lender. After the deposit, lenders receive an underlying ERC-20 token known as "Repo token" with an amount equal to the repurchased price on a 1:1 (price at which collateral are transferred back to the borrower upon maturity or termination) To determine interest, RepurchasePrice = PurchasePrice [ 1 + RepoRate * DaysCountFactor ] 📂 See Terminologies here: #repurchase-price class="text-blue-500 hover:underline" target="_blank" rel="noopener noreferrer">https://docs.term.finance/prot...

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6/19Continued
12:48 PM

5/15 Currently, since the demand for fixed-rate lending is low, given that lending cycle set by Term Finance is basically 4 weeks (too short) which makes operation cumbersome. The Earn is Introduced! https://x.com/term_labs/status...

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7/19Continued
12:48 PM

6/15 --- 🧮 Moving to EARN -- Let's talk about the EARN in this section. In the fixed-rate market which we previously discussed, borrowers bid how high they're willing to pay in order to borrow against their collateral and lenders are offering how low they're willing to offer supplying liquidity to borrowers which leads to a market clearing rate! [Majorly Institutional-grade] For the average users, this is almost impossible since you need to plan and think about the auction before it comes out LIVE and hope it goes in your favour. THAT'S WHERE "EARN" BY TERM FINANCE WHICH IS MEANT TO SIMPLIFY ABILITY TO EARN FIXED RETURN!

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8/19Continued
12:48 PM

7/15 ---🧮 Earn free Terms points without depositing here -- https://app.term.finance/rewar... In the reward tab, get invite link from the comment section, ✨ Input invite to unlock ✨ Sign message, complete tasks and DONE! 👍

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Image in tweet by 〽️ᄃムt 🐾
9/19Continued
12:48 PM

8/15 ---🧮 Getting started with "Earn" -- 📍Visit: https://app.term.finance/earn ✨ Connect wallet ✨ Select USDC and check available interest [In the first option, we have a space of $37 left to get filled, also that note, using this option will earn you " 2x Lombard point" alongside Term finance point [Breaking it down, we have a Collateral requirement of 150%, which means borrowers will be collateralizing LBTC are overcollaterizing.] If you scroll down, using the fixed 14% APY will trigger 10x TreeHouse NUTs/ETH deposited.

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Image in tweet by 〽️ᄃムt 🐾
Image in tweet by 〽️ᄃムt 🐾
10/19Continued
12:48 PM

9/15 ---🚦Supplying USDC --- {Capital required} ✨ Select Market [ I used the 10x TreeHouse point to interact with @TreehouseFi alongside. ✨ Approve USDC and Deposit ✨ Supply and DONE! -- This earns me 55,900+ Terms point

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Image in tweet by 〽️ᄃムt 🐾
Image in tweet by 〽️ᄃムt 🐾
11/19Continued
12:48 PM

10/15 _________ Here's few invites to unlock reward tab: https://app.term.finance/rewar... https://app.term.finance/rewar... https://app.term.finance/rewar... ---------

12/19Continued
12:48 PM

11/15 ---🧮 How to accumulate Term points --- 📍Auction point -->> Lending, Borrowing 📍Lending points 📍Invite points 📍Migration points among others _____ 📂 More info: https://www.term.finance/post/... -----

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13/19Continued
12:48 PM

12/15 ---🚦 Completing Galxe Quest -- {currently less than 160 users} https://app.galxe.com/quest/te... ✨ 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....

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14/19Continued
12:48 PM

13/15 -- 🚦Defilama Dashboard -- https://defillama.com/protocol...

15/19Continued
12:48 PM

14/15 ---🧮 More Info -- 🚦Discord: https://discord.gg/VwKktJDP 🚦Twitter: @term_labs 🚦Docs: https://docs.term.finance/prot...

16/19Continued
12:48 PM

15/15 THAT'S ALL FOR NOW 👏 ♻️ Retweet. ♥️ Like 🫂 Invite frens Follow and turn on Notif 🔔 __

17/19Continued
01:38 PM

---🚦 Join Term Finance Guild -- https://guild.xyz/term

18/19Continued
01:40 PM

---🧮 More Invite codes to unlock Reward tab --- https://app.term.finance/rewar... https://app.term.finance/rewar...

19/19Continued
02:07 PM

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