Wu Blockchain (@WuBlockchain): Terminal Finance announced it will discontinue the launch of the Terminal project, citing the failure of the Converge chain—its intended underlying ec…
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Terminal Finance announced it will discontinue the launch of the Terminal project, citing the failure of the Converge chain—its intended underlying ecosystem—to go live, which rendered the project no longer viable. The team stated that all user principal remains fully backed 1:1 and is available for withdrawal, while existing Pendle positions will receive the corresponding Ethena Sats, sUSDe yield, and etherfi points. https://t.co/pvyE5L4Swk