🧵: focus moves to @Terminal_fi.
place to trade institutional assets and yield-bearing stablecoins at scale.
point program live (early opportunity).
but for all this, liquidity infrastructure is needed.
that’s where @Terminal_fi steps in.
they’re setting the stage as a settlement layer for yield-bearing assets and tokenized instruments.
so when big names, like @figma in that document, start weighing equity in blockchain form, a venue like Terminal is where it actually lands.
a place built for circulation and real liquidity, wrapped in a KYC-ready format that institutions can plug into without friction.
Terminal builds its market around sUSDe = a stablecoin that earns yield just by holding.
yes, you can use them anywhere!
they compound while you sit, keeping dollar parity intact. that means every trade on Terminal runs on a base that grows by itself.
and the layer stays fully KYC‑ready, so institutions can plug in directly, stay regulated, and access the same assets DeFi players use.
Terminal is built on @convergeonchain, @ethena_labs’s chain for institutional-grade RWAs and yield-bearing dollars.
Terminal joins Converge as a launch partner!
@Terminal_fi is building Converge’s spot DEX focused on digital dollars like @ethena_labs $sUSDe and @Securitize's tokenized securities.
Terminal taps into the unexplored design space for DeFi on RWAs, via Converge’s high-performant rails & institutional-grade assets.
right now "Roots" (point) program is live (roots distribution every thursday).
and Terminal crossed $100m in pre-deposits within weeks.
now sitting at $145m, with @pendle_fi contributing 75% of that growth.
program is time‑limited and first session planned to close within 3 months of @convergeonchain mainnet launch.
audited by @chain_security.
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