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Blog iconTerminal Finance
Aug 26

Yield-Extraction

The DeFi landscape is witnessing a surge in yield-bearing stablecoins. Ethena's USDe has become the third-largest stablecoin by market capitalization, and other issuers like Spark, Aave, and Circle are also exploring the market. Since the Converge network aims to be the storage and settlement layer for stablecoins, it will likely be home to a lot of yield-bearing stablecoin activity. The emergence of this new asset class introduces unique challenges that current automated market makers (...

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Session 1: Terminal's Pre-Deposit

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Terminal: Becoming The Ethena Liquidity Hub

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Yield-Extraction

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Post cover image
Blog iconTerminal Finance
Jun 26
Session 1: Terminal's Pre-Deposit
Starting June 26th, the Root Access program will go live, marking the beginning of our bootstrapping phase for Terminal’s spot decentralized exchange. Over multiple sessions, Roots will serve as a way to track and recognize user’s contributions to Terminal. We admit general market sentiment has shifted with growing fatigue towards season-based systems. Therefore, Terminal is focusing on sessions instead of seasons. “Aren’t sessions just seasons with a different name?” Yes, but these are sessi...
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Blog iconTerminal Finance
Jun 23
Introducing Terminal Finance
We’d like to thank the following people for their valuable contributions to the early discussions and design of Terminal Finance: Nick (Ethena Labs), Ben (Curve), Andre (Sonic), Marc (ACIAAVE), Durden (Lifinity), Kento (UXD) and others.The Institutional Case for Yield-Bearing StablecoinsStablecoins are evolving. Yield-bearing assets are rapidly gaining market share as crypto participants — and increasingly institutions — seek stable digital dollars that natively generate return. As these acto...