TermMax và Renaiss đang nóng lên, làm thế nào để tham gia hai dự án được ươm tạo bởi YZi Labs?
- Quan điểm chính: Gần đây, các dự án được YZi Labs ươm tạo là TermMax và Renaiss đang gia tăng sức nóng. TermMax tối ưu hóa hiệu quả DeFi thông qua cơ chế cho vay lãi suất cố định, với TVL vượt 71 triệu đô la Mỹ; Renaiss tập trung vào việc tài chính hóa trên chuỗi các thẻ sưu tầm ngoài đời thực, khối lượng giao dịch nền tảng vượt 15 triệu đô la Mỹ, cả hai đều cung cấp cơ hội tương tác sớm.
- Các yếu tố chính:
- TermMax áp dụng mô hình AMM tương tự Uniswap V3, thông qua việc token hóa lợi suất cố định và đòn bẩy, tích hợp cho vay, giao dịch lãi suất và chức năng đòn bẩy tuần hoàn, nâng cao khả năng dự đoán lãi suất.
- Phiên bản V2 của TermMax đã ra mắt, thông qua các cơ chế như Composable Base Yield, Atomic Order và Order Aggregator, giải quyết vấn đề phân mảnh thanh khoản và tỷ lệ sử dụng vốn nhàn rỗi, nâng cao hiệu quả vốn.
- TermMax đã hỗ trợ các mạng như Ethereum, từng đứng thứ hai về số người dùng hoạt động hàng ngày trong số các giao thức cho vay trên Token Terminal vào tháng 3 năm 2026, và kết hợp cho vay lãi suất cố định với RWA (ví dụ: cổ phiếu được token hóa của Ondo).
- Renaiss biến các thẻ ngoài đời thực (ví dụ: thẻ Pokémon) thành tài sản có thể giao dịch và DeFi hóa thông qua chứng nhận quyền sở hữu trên chuỗi và lưu ký bên thứ ba, giải quyết các vấn đề về lưu ký, xác thực và thanh khoản của thị trường sưu tầm.
- Renaiss gần đây đã ra mắt bộ Magma Pack (tổng cộng 1000 bộ, bán hết trong ngày) và công bố bộ Eden Pack (bao gồm hơn 100 thẻ cấp cao nhất), đồng thời cung cấp cơ hội tương tác mở thẻ, với giá mỗi gói thẻ là 48 đô la Mỹ.
- Cả hai dự án đều đang ở giai đoạn đầu, người dùng có thể tham gia thông qua các hoạt động tích điểm (Season 0 của TermMax) hoặc mua gói thẻ (Renaiss) để có cơ hội nhận airdrop hoặc phần thưởng tiềm năng.
Original: Odaily Planet Daily (@OdailyChina)
Author: Asher (@Asher_ 0210)
In the middle of this month, YZi Labs announced the 25 graduating projects of the third season of its flagship incubation program, EASY Residency (For more details, read: EASY Residency Season 3 Graduates Announced, Which Sectors Did YZi Lab Focus On?). This season focuses on restructuring on-chain financial markets, AI agents, tokenized real-world assets, prediction markets, privacy compliance, and other areas.
Most projects are still in very early stages, with limited public information and sparse community discussion. However, Odaily Planet Daily observed that two projects have recently seen a significant uptick in interest: TermMax, which focuses on fixed-rate lending, and Renaiss, which centers on the financialization of real-world collectible card assets.
Below, Odaily Planet Daily will outline TermMax and Renaiss from the perspectives of project positioning, product mechanisms, and potential participation opportunities.
TermMax: A New DeFi Solution for Fixed-Rate Lending
Project Overview
TermMax is a DeFi protocol specialized in fixed-rate, fixed-term lending, which can be understood as a "lending AMM." Compared to floating-rate lending protocols like Aave and Compound, TermMax emphasizes interest rate predictability—borrowers can lock in their financing costs before opening a position, and lenders can determine their returns at maturity in advance.
In terms of product mechanism, TermMax draws inspiration from Uniswap V3's AMM approach and tokenizes leverage and fixed-income exposure through Gearing Tokens and Fixed-rate Tokens. Users can perform fixed-rate lending, one-click looping, range orders, and customize pricing curves within the platform. Lending, leverage, and interest rate trading, which previously required multiple steps across different protocols, are integrated into a single market.
Key Developments
Since its mainnet launch in April 2025, TermMax's TVL briefly exceeded $71 million recently. The project currently supports multiple networks including Ethereum, Arbitrum, and BNB Chain, and is expanding to ecosystems like X Layer and Base. Previously, on March 25, 2026, TermMax ranked second on Token Terminal's DeFi lending protocol daily active address chart, trailing only Aave.
DeFi Lending Protocol Daily Active Address Ranking (March 25, 2026)
Furthermore, TermMax is integrating fixed-rate lending with RWA scenarios. In January 2026, TermMax launched a fixed-rate market on BNB Chain supporting Ondo tokenized stocks as collateral, allowing users to obtain funds without selling their tokenized stock assets. Additionally, TermMax launched a single-asset USD₮0 lending product on X Layer with a fixed APY of up to approximately 5.07% and partnered with Morpho to offer one-click Rollover, enhancing the flexibility of fixed-term debt.
Last night, TermMax announced on X platform the launch of its V2 version. Compared to V1, the V2 version focuses on restructuring around issues like liquidity fragmentation, low idle capital utilization, and inefficient order matching.
TermMax V2 is now live
Specifically, V2 introduces Composable Base Yield, allowing Vaults to access ERC-4626 yield sources like Aave and Morpho, enabling unmatched idle capital to generate base returns; Atomic Orders allow the same liquidity to be listed on multiple markets simultaneously but consumed only once, improving liquidity utilization; the Order Aggregator automatically scans different order types to match users with better interest rate paths.
Additionally, V2 adds Smart Unwind and Alpha Zone. Smart Unwind improves the efficiency of exiting debt positions and recycling capital, while Alpha Zone supports more flexible creation of new markets. Overall, the focus of TermMax V2 is not on adding more complex features but on making the fixed-rate lending market deeper in liquidity, more efficient in capital usage, and simpler for user operations.
Interaction Opportunities
STEP 1. After entering the V2 version, click on "Leaderboard" at the top to access the TermMax Season 0 event interface.
STEP 2. Click "Sign In" to log in to your personal account by connecting a Web3 wallet.
STEP 3. Complete daily check-ins (reset daily at 8 AM) to earn points.
STEP 4. Points are divided into XP tasks (deposit-based), AP tasks (trading-based), and MP tasks (social-based). Complete the corresponding tasks according to the specified requirements to earn respective point rewards.
Renaiss: Providing On-Chain Liquidity for Real-World Collectible Cards
Project Overview
Renaiss is an RWA liquidity infrastructure project centered around real-world collectibles, with a primary focus on collectible finance, essentially a collectible financial network. Unlike common RWA categories like treasury bonds, stocks, or funds, Renaiss targets the more niche collectibles market, particularly real-world assets such as trading cards and Pokémon cards. To date, the Renaiss platform has surpassed $15 million in trading volume.
Renaiss aims to solve long-standing pain points in the real-world collectibles market, including high costs for physical custody and authenticity verification, opaque price data, fragmented trading liquidity, and difficulty in further financializing assets. By leveraging on-chain ownership certificates, third-party custody, and a data pricing system, the project transforms real-world collectibles into verifiable, tradable, and composable on-chain assets.
Renaiss enables more real-world collectibles to become on-chain assets that are verifiable, tradable, and usable within DeFi. For example, once a high-value collectible card goes through custody and on-chain mapping, it can not only be bought and sold but also has the potential to enter on-chain financial scenarios like staking and lending, ultimately evolving into a protocol-layer project for real-world collectibles. This differentiates Renaiss from typical NFT projects. It is not about reissuing a batch of purely on-chain image assets; rather, it brings physical cards with existing off-market prices and collecting demand onto the chain, allowing collectors to retain ownership of the physical asset while gaining higher on-chain liquidity.
Key Developments
On May 22, Renaiss announced the launch of the Magma Pack series, with a total supply of 1,000 packs. The highest value top-tier card could reach up to $2,900, and all packs sold out on the same day.
On May 26, Renaiss announced the upcoming launch of the Eden Pack series, themed after One Piece. The total number is yet to be disclosed but includes over 100 gems mint cards.
Interaction Opportunities
STEP 1. Visit the official site (Link: https://www.renaiss.xyz/), click "Log in" to access your personal account.
STEP 2. Click the image in the top right corner to deposit funds.
STEP 3. Click on the OMEGA pack opening event on the homepage. Each pack costs $48. There is a 90% chance of pulling a C-grade card; 7% chance for a B-grade card; 2% chance for an A-grade card; and less than 1% chance for an S-grade card.
