From Investing.com: 2024-06-02 21:30:34

Term Structure protocol launches mainnet, offering first non-custodial fixed-income DeFi solution. Users can borrow tokens at fixed rates using LSTs and LRTs as collateral. Jerry Li emphasizes need for fixed-income products in DeFi market. Users can earn staking rewards by looping LRTs and LSTs. Protocol integrates primary and secondary markets, offers zkTrue-up for gas fee elimination.

Term Structure secures $4.55 million funding from top investors, passes audits by ABDK and HashCloak. Testnet sees 8,000 wallets and 2 million transactions. Mainnet introduces innovative features like trading API, Layer 2 swaps, and more yield-bearing tokens as collateral. Protocol plans to expand capabilities with RWA tokens and DeFi futures.

Read more at Investing.com: Term Structure Mainnet Launches, Revolutionizing DeFi with Market-Driven Fixed-Income Solutions By Chainwire