<description>&lt;p&gt;Please like, subscribe, and leave a positive review. It helps us get the show in front of more listeners and viewers (&lt;a target="_blank" href="https://podcasts.apple.com/us/podcast/wallfacer-podcast/id1709530326?l=es-MX"&gt;Apple&lt;/a&gt;, &lt;a target="_blank" href="https://open.spotify.com/show/2PNkM1JiIZCvvPLfdRYrb4"&gt;Spotify&lt;/a&gt; , &lt;a target="_blank" href="https://www.youtube.com/@WallfacerLabs"&gt;YouTube&lt;/a&gt;)&lt;/p&gt;&lt;p&gt;Today’s guest is Dion Chu, Co-founder and CEO of Term Finance, a fixed-rate lending protocol. Term has raised over 7mm led by Electric Capital. Their token just recently went live and is trading on top exchanges like Kraken&lt;/p&gt;&lt;p&gt;* Ryan: &lt;a target="_blank" href="https://x.com/RyanRodenbaugh"&gt;https://x.com/RyanRodenbaugh&lt;/a&gt;&lt;/p&gt;&lt;p&gt;* Wallfacer: &lt;a target="_blank" href="https://x.com/wallfacerlabs"&gt;https://x.com/wallfacerlabs&lt;/a&gt;&lt;/p&gt;&lt;p&gt;* Vaults.fyi: &lt;a target="_blank" href="https://x.com/vaultsfyi"&gt;https://x.com/vaultsfyi&lt;/a&gt;&lt;/p&gt;&lt;p&gt;* Dion Chu: &lt;a target="_blank" href="https://x.com/dionchu"&gt;https://x.com/dionchu&lt;/a&gt;&lt;/p&gt;&lt;p&gt;* Term Labs: &lt;a target="_blank" href="https://x.com/term_labs"&gt;https://x.com/term_labs&lt;/a&gt;&lt;/p&gt;&lt;p&gt;Timestamps: &lt;/p&gt;&lt;p&gt;* 00:09 - Introduction to Dion Chu and Term Finance &lt;/p&gt;&lt;p&gt;* 00:28 - What Term Finance does and what makes it unique in the lending space &lt;/p&gt;&lt;p&gt;* 01:04 - The auction mechanism and insights that led to Term Finance's approach &lt;/p&gt;&lt;p&gt;* 06:04 - How treasury auction mechanisms were adapted for DeFi &lt;/p&gt;&lt;p&gt;* 09:02 - Potential for collusion in auction markets 10:29 - Supply and demand dynamics in Term Finance's market &lt;/p&gt;&lt;p&gt;* 13:02 - Approaches to cultivating more lending capital &lt;/p&gt;&lt;p&gt;* 15:03 - Impact of low variable rates across DeFi on Term's rates &lt;/p&gt;&lt;p&gt;* 18:18 - Overview of Term's product suite (auctions, blue sheets, meta vaults) &lt;/p&gt;&lt;p&gt;* 21:43 - Collateral preferences and makeup from borrowers &lt;/p&gt;&lt;p&gt;* 23:26 - Cross-chain expansion and differences between Ethereum and Avalanche &lt;/p&gt;&lt;p&gt;* 27:14 - Selling points for institutional capital and family offices &lt;/p&gt;&lt;p&gt;* 28:56 - Security benefits of Term's architecture &lt;/p&gt;&lt;p&gt;* 31:18 - Token launch learnings and advice for other founders &lt;/p&gt;&lt;p&gt;* 36:24 - Next innovations and improvements planned for Term &lt;/p&gt;&lt;p&gt;* 37:31 - Original vision of success and how goals have evolved&lt;/p&gt;&lt;p&gt;&lt;/p&gt; &lt;br/&gt;&lt;br/&gt;This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit &lt;a href="https://wallfacerlabs.substack.com?utm_medium=podcast&amp;#38;utm_campaign=CTA_1"&gt;wallfacerlabs.substack.com&lt;/a&gt;</description>

Wallfacer Podcast

Wallfacer Podcast

#21: Dion Chu, Term Finance | Beyond Variable Rates, DeFi's Fixed Income Future

APR 21, 202539 MIN
Wallfacer Podcast

#21: Dion Chu, Term Finance | Beyond Variable Rates, DeFi's Fixed Income Future

APR 21, 202539 MIN

Description

<p>Please like, subscribe, and leave a positive review. It helps us get the show in front of more listeners and viewers (<a target="_blank" href="https://podcasts.apple.com/us/podcast/wallfacer-podcast/id1709530326?l=es-MX">Apple</a>, <a target="_blank" href="https://open.spotify.com/show/2PNkM1JiIZCvvPLfdRYrb4">Spotify</a> , <a target="_blank" href="https://www.youtube.com/@WallfacerLabs">YouTube</a>)</p><p>Today’s guest is Dion Chu, Co-founder and CEO of Term Finance, a fixed-rate lending protocol. Term has raised over 7mm led by Electric Capital. Their token just recently went live and is trading on top exchanges like Kraken</p><p>* Ryan: <a target="_blank" href="https://x.com/RyanRodenbaugh">https://x.com/RyanRodenbaugh</a></p><p>* Wallfacer: <a target="_blank" href="https://x.com/wallfacerlabs">https://x.com/wallfacerlabs</a></p><p>* Vaults.fyi: <a target="_blank" href="https://x.com/vaultsfyi">https://x.com/vaultsfyi</a></p><p>* Dion Chu: <a target="_blank" href="https://x.com/dionchu">https://x.com/dionchu</a></p><p>* Term Labs: <a target="_blank" href="https://x.com/term_labs">https://x.com/term_labs</a></p><p>Timestamps: </p><p>* 00:09 - Introduction to Dion Chu and Term Finance </p><p>* 00:28 - What Term Finance does and what makes it unique in the lending space </p><p>* 01:04 - The auction mechanism and insights that led to Term Finance's approach </p><p>* 06:04 - How treasury auction mechanisms were adapted for DeFi </p><p>* 09:02 - Potential for collusion in auction markets 10:29 - Supply and demand dynamics in Term Finance's market </p><p>* 13:02 - Approaches to cultivating more lending capital </p><p>* 15:03 - Impact of low variable rates across DeFi on Term's rates </p><p>* 18:18 - Overview of Term's product suite (auctions, blue sheets, meta vaults) </p><p>* 21:43 - Collateral preferences and makeup from borrowers </p><p>* 23:26 - Cross-chain expansion and differences between Ethereum and Avalanche </p><p>* 27:14 - Selling points for institutional capital and family offices </p><p>* 28:56 - Security benefits of Term's architecture </p><p>* 31:18 - Token launch learnings and advice for other founders </p><p>* 36:24 - Next innovations and improvements planned for Term </p><p>* 37:31 - Original vision of success and how goals have evolved</p><p></p> <br/><br/>This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit <a href="https://wallfacerlabs.substack.com?utm_medium=podcast&#38;utm_campaign=CTA_1">wallfacerlabs.substack.com</a>