May 24, 2024: Llama Party feat. Term π¦π₯³
Join Livestream Chat at 7 AM PT / 10 AM ET / 2 PM UTC
Grab your favorite beverage and prepare to join this weekβs Llama Party, live at 10 AM ET / 7 AM PT, featuring Term Finance β streaming live to YouTube and π!
Help spread the word by sharing our thread on π
Term Finance
For today's Llama Party, we're pleased to be joined by Billy and hopefully all our frens from Term, who have been pioneering onchain fixed rate and fixed term auctions.
They support a variety of collateral and borrow assets, with $wstETH to $USDC being the most popular.
This approach has been very popular given degens seemingly insatiable appetite for lending markets.
In less than a year since launch, the team has cleared $100MM in volume.
You can follow @term_finance for a livestream of all auction results
Thus far nearly all activity has been on mainnet, but they're bringing their proven formula crosschain.
Most recently they hosted their first auction on Avalanche and may well be on a variety of L2s soon...
On top of lending certainty, users may enjoy more benefits.
We may be stretching here, but we suspect we grok the "point" of their recent Guild integration...
We'll be asking about this and more during the party! For more on Term, please find all their relevant links in their LinkTree
Disclaimers! Author has no affiliation with Term Labs