TermMax
@TermMaxFi put stcUSD and syrupUSDC under the same “borrow up to 1M USDC” banner.
My read is straightforward: that number belongs to each specific market book. It is not a blanket credit line attached to the Royco partnership.
@roycoprotocol says “$1M borrow liquidity per market,” gives a 51-day maturity, and links the stcUSD and syrupUSDC markets separately. Each book carries its own collateral, contract, maturity, risk settings and executable orders.
That distinction matters when you actually borrow. “Up to 1M” shows the ceiling; the live book shows what can clear now. Match your collateral to the exact market, check the maturity, then size the loan against the available orders.
A partnership gets an asset into TermMax. The market book decides whether capital can move. The useful number is the one tied to your collateral, your term and the orders you can execute today.
@TermMaxFi #
TermMax#