fixed rates solve one uncertainty, but they quietly introduce another. time. with @TermMaxFi, a borrower knows the rate and knows the maturity upfront. that sounds cleaner than floating debt until you remember that the maturity date is not just information on a dashboard. it is an actual obligation. miss it, and the position can become liquidatable. this is why i think the latest comment from TermMax that fixed rate adoption is still early matters more than it first appears. the challenge isn't only building deeper markets or better rates. users also need to become comfortable managing debt that behaves differently from the open ended loans DeFi trained them on. that makes reminders, repayment flows and position management part of the financial design, not just UX polish. if fixed term credit grows onchain, protocols will be competing on how well they manage time risk as much as interest rate risk. for me, that's one of the less obvious things to watch with TermMax from here. personal research view only.