Term Structure is a decentralized bond protocol, a platform that enables peer-to-peer lending and borrowing with fixed interest rates.

Bond tokens will be created after borrowers' and lenders' orders are matched. This protocol also provides users with a secure and transparent marketplace for buying and selling bond tokens and allows users to engage in collateralized borrowing by using their bond tokens as collateral.

Term Structure's long-term goal is to provide full hedging instruments to both DeFi users and TradFi institutions, and enable people to earn future revenue streams in DeFi via tokenized real-world assets.