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TechFlow news: Term Labs has announced the official launch of its fixed-rate lending protocol, Term Finance, on Ethereum.
The protocol matches borrowers and lenders at predetermined interest rates. During the auction period (i.e., the loan term), collateral will be locked in smart contracts.
Term Labs has announced the official launch of its fixed-rate lending protocol, Term Finance, on Ethereum. The protocol matches borrowers and lenders at predetermined interest rates. During the auction period—i.e., the loan term—collateral will be locked in a smart contract.
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