TERM finance

Term Finance operates a transparent and scalable noncustodial fixed rate liquidity protocol for digital assets. The company facilitates collateralized lending through a unique auction process, known as Term Auctions, where borrowers and lenders submit sealed bids and offers to determine a single market-clearing interest rate. This ensures that all participants, whether large or small, pay or receive the same rate. The platform is designed to bring certainty to borrowers and lenders by allowing them to lock in their cost of funding or secure a fixed rate of return, thereby better managing their cash flows with crypto-backed loans. Term Finance serves a diverse range of clients, including individual investors and institutional participants, operating in the decentralized finance (DeFi) market. The business model revolves around facilitating these auctions and earning fees from successful transactions. The company is backed by leading funds and angel investors, and its smart contracts have been audited by industry-leading security firms to ensure safety and reliability.

Keywords: noncustodial, fixed rate, liquidity protocol, digital assets, collateralized lending, auction process, DeFi, crypto-backed loans, market-clearing rate, smart contracts.