# FixedRate

479
The compressive effect of L2 fee reduction on the fixed-rate curve.
Today, I saw @TermMaxFi's daily active wallet reach a new high of 3028, with U vault APY over 20% plus 120x XP stacking.
Many people only look at returns, but I’m thinking that if the roadmap proceeds as planned, Ethereum, Arbitrum, multi-chain expansion, App V2 adding Order Aggregator, and then cross-chain liquidity, the fixed-rate curve will need to be redrawn.
In the past, when gas fees were high, many claimed to be working on fixed-rate products, but small funds hardly moved. Placing orders, adjusting ranges, rolling posit
ETH-2,11%
ARB1,75%
DEFI1,81%
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