Are you a centralized exchange (CEX) user looking to maximize crypto earnings? We have exciting news for you! The Term Structure team is developing a new web app for pure CEX users. It will enable you to enjoy higher and more transparent yields from DeFi. 

Let's explore what this new app offers and why you should join the waiting list today!

What is Earn by Term Structure?

On Earn, you can open an account with your Google account. Then, you can transfer your funds from CEXs like Binance to your account with internal transfers. Finally, you can earn more from the borrowers on Term Structure who post collaterals on-chain. 

Under the hood, your account is a non-custodial wallet powered by MPC, meaning that only YOU can access the funds stored on your account. Moreover, given that Term Structure is on a customized zkRollup (read: L2), you don’t need to pay gas fees using the app. Say bye-bye to writing down seed phrases and getting ETH to pay gases.  

But how about withdrawals? You can request to move the funds from your account to that on CEXs anytime. As an alternative, you can also initiate withdrawals directly to Ethereum. Thanks to the non-custodial nature of Term Structure, we can’t take custody of your funds, and you can withdraw your assets even if our service is down via forced withdrawals. 

Wait. Here is more!

Earn is a progress web app (or PWA in short), so you can still “install” it on your phone like a native app! And yes, this feature is cross-platform - you can use it on Android and iOS. 

Already sold? You can join the waiting list here. 

Key Features 

Four features set Earn by Term Structure apart from other “wallets”:

1. Easy Wallet Creation:
   No wallet? No problem. Set up your non-custodial MPC wallet in 10 seconds using your Google account. Yes, we’ve timed it.
2. Fast Top-Up/Withdrawal:
   Connect your CEX accounts and use internal transfers to top-up or withdraw.
3. Transparent and Fixed Yields:
   Enjoy transparent and market-driven fixed-rate yields from Term Structure. Say no to BS 20% “DeFi” yields printed out of thin air. 
4. No Gas Fees:
   No need to pay gas fees to earn yields. No idea what gas is? Keep it as it is. You don’t need to know wtf gas is here. 

FAQs

Here are some answers to your questions that you might have:

• What is the best way to stay updated on this project?
  The best way to do that is to join our waiting list. Otherwise, you can follow Term Structure on X or join our Discord. 
• Is this service 100% non-custodial?
  Besides the fast top-up and withdrawal from/to CEXs part, yes. 
• What will happen to your assets should our service go down?
  You can spawn your wallet with another provider and send some ETH to your address on Ethereum. Then, you trigger the Evacuation Mode on our contract on Ethereum. After waiting a few days, you can retrieve your assets from Term Structure via forced withdrawals—even if our server is down during that time. A guide to this will be available before the product launch.  
• Who are the backers of this project?
  Term Structure developed this product, and Cumberland DRW, Hashkey, and others back the protocol. 
• Wen tokens?
  Nah, we don’t have tokens for this. But there will be one for Term Structure. 👀
• Where does the yield come from? Am I the yields?
  The yields come from the interest paid by the borrowers on the Term Structure. The collaterals for each loan are posted on Ethereum, and each loan is over-collateralized. 
• How does this app make money?
  We charge deposit/withdrawal fees, transaction fees, and a spread of rates. 

Ready to earn higher and transparent yields? Join our waiting list to be among the first to put your hands on this new product!