Many people regret missing out on early projects, but the real opportunities often lie in the present. Recently, interesting innovations have emerged in the lending protocol space—one project is attempting to introduce a fixed interest rate mechanism into DeFi lending.

This idea didn't come out of nowhere. Recall that last year, a DEX optimized trading pairs through refined liquidity design, and now the lending sector is also exploring similar breakthroughs. The value of fixed interest rates is straightforward: users no longer have to experience the embarrassment of a 2% interest rate turning into 20% the next day; borrowing costs become predictable.

Currently, the project has been deployed on three mainstream blockchains: Ethereum, Arbitrum, and BNB Chain. For borrowers, the stability of interest rates means they can plan their funds long-term. For liquidity providers, the fixed interest rate model also changes the risk-reward calculation. Whether this mechanism design can become the next standard configuration for lending platforms remains to be seen.