Don't miss any details, or all your efforts will be wasted. In the DeFi space, the most frustrating loss isn't a market crash, but rather doing everything you've done and having it not remembered by the system. A moment's oversight can wipe out your entire week's worth of MP. @TermMaxFi repeatedly reminds users to bind X and Discord; this is the most basic guarantee of returns. Previous contributions, activity, and behavior records will all be reset to zero, and there's no use regretting it later. Experienced players understand this: on-chain returns depend half on strategy and half on details. Next, let's talk about the collaboration between @AquaFluxPro × TermMax. I think this collaboration is more like installing a stabilizer for RWA. The core of RWA is cash flow, and what cash flow fears most is never short-term fluctuations, but uncontrolled financing costs. Once interest rates fluctuate drastically, even the best structure will be torn apart. Fixed interest rates don't truly solve the return problem, but rather lock in the interest rate variable, turning on-chain returns from a story into a computable engineering process. Using high-quality P-Tokens as collateral increases LTV, and a fixed-interest-rate cycle (stake → borrow → buy more) gradually expands controllable exposure. However, it's crucial to remain clear: a fixed interest rate does not equal risk-free; it eliminates interest rate uncertainty, not price volatility. Leverage still carries risk, but it changes from being unpredictable to being priced in advance. Essentially, this is the difference between chaos and structure. In your view, where will on-chain finance go in the future? We welcome discussion in the comments section.