Term Structure is a full-fledged peer-to-peer bond protocol powered by ZK-rollup. On Term Structure, people can borrow and lend digital assets to each other for a pre-determined duration and a fixed interest rate. Additionally, lenders can sell their bond tokens anytime and get collateralized loans with bond tokens as the collateral, all on the same protocol. Term Structure achieve this by using auctions and order books to facilitate trades on a ZK-rollup, known as “zkTrue-up.”