The @Terminal_fi DEX is about to launch its first deployment on Ethereum Mainnet ..and after that every major chain where @ethena_labs is deployed Terminal is aiming to be the spot DEX of the Ethena ecosystem by offering an innovative solution to solving yield-induced impermanent loss By abstracting the yield-bearing component they allow for tight concentrated liquidity around the peg of the underlying asset that does not have to move even though the price of the yield-bearing asset increases in price Pre-deposit vaults have been open since July and it's now hit the max cap of 250M TVL With over $10B in TVL in the Ethena ecosystem, one of the largest pain-points is still onchain liquidity as LPing yield-bearing stables is still very hard in the first generation of CL DEXes Terminal is coming to fix this to allow for deep liquidity for any Yield-bearing stablecoin Slapp has been heavily farming tUSDe YTs and LPing on Pendle and is ready for launch and a future TGE 👀