@tenor
Why Tenor?
🔸 Improved Matching Efficiency
Borrowers and lenders can match directly at known rates onchain, cutting the intrinsic spread of traditional money market protocols.
🔸 Better UX for Borrowers
Tenor removes the pain associated with the interest rate kink of traditional money markets, making borrowing at fixed rates a more compelling UX for borrowers.
🔸 Seamless Integration with Money Markets
Tenor’s fixed rate markets are modular, require no governance, and can be layered on top of money markets.