Hey r/CryptoCurrency ,

I’m Stephen, u/yaxiba , and I handle PR and marketing at Constant Finance. We’re building a peer-to-peer protocol for fixed-rate, fixed-term onchain credit.

A question we’ve been thinking about: how can borrowers know their interest rate upfront without losing the flexibility to repay when they no longer need the funds?

With Constant Finance, borrowers and lenders agree on the rate and term upfront. The protocol is designed to let borrowers repay early and pay interest for the time they actually borrowed. That flexibility has a tradeoff: lenders need to consider the possibility of early repayment and reinvestment risk when setting their rates.

I’ll be here on Sunday, November 8, from 15:00 to 17:00 UTC to answer your questions.…