Details
Term Finance is a decentralized lending protocol that utilizes a unique auction model to support scalable fixed-rate/fixed-term lending, the first of its kind in DeFi. It brings borrowers and lenders together in a fair and transparent auction process, which determines a single market clearing rate for all participants, regardless of size.
Team
Fundraising
Significant Events
2023-08-01
Term Finance was live on mainnet
2023-02-28
Term Finance raised $ 2.5 M in Seed round
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