This little game revealed the relationship among three people. Many say the barrier to entry for DeFi is high. I, however, believe what truly deters people isn’t the complexity of use, but the difficulty in understanding what a product actually solves. Some protocols have many features and complex terminology, leaving newcomers confused even after reading through them. My impression of @TermMaxFi was quite different. If I had to describe it in one sentence, I’d say it’s building a “on-chain fixed-income market.” All other features naturally extend from this core goal. Fixed rates make borrowing costs easier to predict. Term markets allow different capital needs to find suitable options. V2 continuously improves capital efficiency, enabling the same funds to generate greater value. When a product’s core purpose is clear, every update becomes easier to understand. Recently, more and more people are discussing RWA, tokenized stocks, and on-chain credit. These new assets bring greater possibilities—but also demand a more mature lending market to support them. For me, what’s truly exciting isn’t any single new feature, but whether, as the entire ecosystem gradually connects, on-chain finance will become as accessible and everyday as traditional financial services.