Term Finance Launches Blue Sheets Simple-Earn for Fixed-Rate Lending
The latest development from Term Finance is its Blue Sheets Simple-Earn platform, which introduces institutional-grade fixed-rate lending to the DeFi sector. Initially targeting high-value borrowers and lenders through on-chain blind auctions, Term Finance now allows users with ether or USDC to earn predictable yields without auction complexities or minimum balances.
Co-founder Billy Welch stated that the Earn platform currently operates on Ethereum and Avalanche C-chain, with plans for expansion to Ethereum Layer 2s and other EVM networks, as well as the addition of more assets.
Welch mentioned, “Integrating Pendle assets is coming very soon — likely this week — as lenders have become more comfortable lending against these assets.” He emphasized that while there is interest in diverse collateral types, risk management and lender willingness are significant factors.