# Term Finance v1

## Term Finance v1

- [Introduction to Term Finance](https://docs.term.finance/introduction-to-term-finance.md)
- [Term Repos](https://docs.term.finance/protocol/term-repos.md)
- [Key terms](https://docs.term.finance/protocol/term-repos/key-terms.md)
- [Margin maintenance](https://docs.term.finance/protocol/term-repos/margin-maintenance.md): Borrowers may manage their collateral during the term of a Term Repo transaction by calling certain external functions.
- [Maturity](https://docs.term.finance/protocol/term-repos/maturity.md): On the maturity or repurchase date, borrowers are obligated to repurchase their collateral tokens at the repurchase price.
- [Collapse position](https://docs.term.finance/protocol/term-repos/collapse-position.md): Borrowers may not repurchase ahead of the repurchase date, but may collapse their position by obtaining and burning corresponding Term Repo Tokens.
- [Defaults](https://docs.term.finance/protocol/term-repos/defaults.md): Default occurs when a borrower (i) fails to maintain sufficient margin or (ii) fails to repurchase on time (or within the repurchase window).
- [Liquidation](https://docs.term.finance/protocol/term-repos/defaults/liquidation.md): Liquidation is the process whereby collateral tokens are seized and sold to a liquidator in the event of default.
- [Liquidation protection](https://docs.term.finance/protocol/term-repos/defaults/liquidation-protection.md): Liquidations are limited only to the amount necessary to cure default.
- [Terminology](https://docs.term.finance/protocol/term-repos/terminology.md): Definitions and terminology relating to Term's digital repo transactions.
- [Conventions](https://docs.term.finance/protocol/term-repos/conventions.md): Conventions used by Term Finance.
- [Rollovers](https://docs.term.finance/protocol/term-repos/rollovers.md): Borrowers may elect to rollover or extend the term of their repo transactions.
- [Term Auctions](https://docs.term.finance/protocol/term-auctions.md): Term Auctions are sealed-bid, single-shot, double-auctions, also known as "call-markets" where bids and offers are batched by an auctioneer for matching and execution at pre-specified times.
- [Auction characteristics](https://docs.term.finance/protocol/term-auctions/auction-characteristics.md): Defining characteristics of Term Auctions.
- [Auction timeline](https://docs.term.finance/protocol/term-auctions/auction-timeline.md): Timeline of a typical Term Auction.
- [Complete Auction](https://docs.term.finance/protocol/term-auctions/complete-auction.md): The complete auction process is where a clearing rate is determined and the auction is cleared and settled.
- [Clearing rate](https://docs.term.finance/protocol/term-auctions/complete-auction/clearing-rate.md)
- [Assignment](https://docs.term.finance/protocol/term-auctions/complete-auction/assignment.md)
- [Settlement](https://docs.term.finance/protocol/term-auctions/complete-auction/settlement.md)
- [Terminology](https://docs.term.finance/protocol/term-auctions/terminology.md): Definitions and terminology relating to Term Auctions.
- [Term Repo Tokens](https://docs.term.finance/protocol/term-repo-tokens.md): Term repo tokens are composable ERC-20 tokens that represent a claim to payment on a specific maturity date from a specific Term Repo.
- [Key metadata](https://docs.term.finance/protocol/term-repo-tokens/key-metadata.md)
- [Valuation](https://docs.term.finance/protocol/term-repo-tokens/valuation.md)
- [Fees and Penalties](https://docs.term.finance/protocol/fees-and-penalties.md): Overview of applicable protocol fees.
- [Servicing Fee](https://docs.term.finance/protocol/fees-and-penalties/servicing-fee.md): Borrowers are charged a loan servicing fee, typically ranging from 0.30%-0.50% per annum applied to the purchase price received in auction.
- [Liquidated Damages](https://docs.term.finance/protocol/fees-and-penalties/liquidated-damages.md): Borrowers in default are subject to liquidated damages typically set at 8% of any debt covered in liquidation.
- [Risk Disclosures](https://docs.term.finance/protocol/risk-disclosures.md)
- [Term Repo Risks](https://docs.term.finance/protocol/risk-disclosures/term-repo-risks.md)
- [Smart Contract Risk](https://docs.term.finance/protocol/risk-disclosures/smart-contract-risk.md)
- [Digital Asset Risk](https://docs.term.finance/protocol/risk-disclosures/digital-asset-risk.md)
- [Ethereum Network Risk](https://docs.term.finance/protocol/risk-disclosures/ethereum-network-risk.md)
- [FAQ](https://docs.term.finance/protocol/faq.md)
- [Overview](https://docs.term.finance/terminal-1-execution/overview.md): Terminal 1 is the execution layer for managing fixed-term positions.
- [Concepts](https://docs.term.finance/terminal-1-execution/concepts.md): Core execution concepts used by Terminal 1.
- [Routes & atomic execution](https://docs.term.finance/terminal-1-execution/concepts/routes-and-atomic-execution.md): How Terminal 1 bundles dependent actions into a single execution path.
- [Permits, approvals & spending caps](https://docs.term.finance/terminal-1-execution/concepts/permits-approvals-and-spending-caps.md): How Terminal 1 handles token authorization.
- [Fees, slippage & buffers](https://docs.term.finance/terminal-1-execution/concepts/fees-slippage-and-buffers.md): Economic and market constraints that shape route construction and execution.
- [Workflows](https://docs.term.finance/terminal-1-execution/workflows.md): Position management workflows supported by Terminal 1.
- [Intents (Limit Orders)](https://docs.term.finance/terminal-1-execution/workflows/intents-limit-orders.md): Limit orders scoped to a Term Repo market, with flexible funding sources and route-based settlement.
- [Makers (creating intents)](https://docs.term.finance/terminal-1-execution/workflows/intents-limit-orders/makers-creating-intents.md): Create and manage intents by selecting a market, setting constraints, and ensuring funding and authorizations remain valid.
- [Takers (filling intents)](https://docs.term.finance/terminal-1-execution/workflows/intents-limit-orders/takers-filling-intents.md): Evaluate and fill existing intents, with execution‑time validity checks and common failure modes.
- [Refinance](https://docs.term.finance/terminal-1-execution/workflows/refinance.md): Replace an existing obligation by repaying the current leg and opening a new position through a single routed execution flow.
- [Repay / Loop-out](https://docs.term.finance/terminal-1-execution/workflows/repay-loop-out.md): Repay debt and exit linked exposure through a single route.
- [One-click rollover](https://docs.term.finance/terminal-1-execution/workflows/one-click-rollover.md): Extend a compatible position into a new term through Terminal 1.
- [Looping](https://docs.term.finance/terminal-1-execution/workflows/looping.md): Increase or restructure exposure by repeating borrow and asset conversion steps.
- [Deploy a new market (Factory)](https://docs.term.finance/terminal-1-execution/workflows/deploy-a-new-market-factory.md)
- [Risks & Failure Modes](https://docs.term.finance/terminal-1-execution/risks-and-failure-modes.md): Common execution failures and user-facing risk disclosures.
- [Common errors](https://docs.term.finance/terminal-1-execution/risks-and-failure-modes/common-errors.md): Common execution failures users may encounter in Terminal 1.
- [Disclosures](https://docs.term.finance/terminal-1-execution/risks-and-failure-modes/disclosures.md): Execution-specific disclosures for Terminal 1.
- [Integrations](https://docs.term.finance/terminal-1-execution/integrations.md): How Terminal 1 uses external venues and routing sources.
- [Aave](https://docs.term.finance/terminal-1-execution/integrations/aave.md): How Terminal 1 can interact with Aave in supported routes.
- [Morpho](https://docs.term.finance/terminal-1-execution/integrations/morpho.md): How Terminal 1 can interact with Morpho in supported routes.
- [ERC4626](https://docs.term.finance/terminal-1-execution/integrations/erc4626.md)
- [Aggregators](https://docs.term.finance/terminal-1-execution/integrations/aggregators.md): How Terminal 1 uses routing and swap aggregators in supported flows.
- [Blue Sheets (Simple-Earn)](https://docs.term.finance/periphery/blue-sheets-simple-earn.md): The Blue Sheets Simple-Earn product makes fixed-rates accessible to those who don't have capacity to participate in Term auctions, offering on-demand, single-click access to fixed rates on-chain.
- [Security Audits](https://docs.term.finance/periphery/blue-sheets-simple-earn/security-audits.md)
- [FAQ](https://docs.term.finance/periphery/blue-sheets-simple-earn/faq.md): Quick answers to common questions about the Blue Sheets: Learn how yields work, understand fees and risks, and discover how to earn fixed rates from Term auctions.
- [Security Audits](https://docs.term.finance/developers/security-audits.md)
- [Terms of Use](https://docs.term.finance/legal/terms-of-use.md)
- [Privacy Policy](https://docs.term.finance/legal/privacy-policy.md)