Terminal Finance has officially announced the termination of its Terminal project due to delays in the launch of the Converge blockchain. Originally set for Q1 2025, the launch did not take place, prompting the decision to discontinue the project.
With the project’s cancellation, Terminal Finance assures users that their principal is secured at a 1:1 ratio, allowing for withdrawals. Current Pendle positions can continue to earn Ethena Sats and associated rewards.
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