YT-tUSDe's Implied APY has ROCKETED +50% over the past week, claiming the throne of HIGHEST YIELD STABLE on @pendle_fi with >$50m TVL. Today I'll ask the question no-one has dared to... ... ... What in GOD'S NAME is @Terminal_fi???? 👇
🪙 @ethena_labs For one to understand Terminal, one must first understand Ethena - the FASTEST growing synthetic dollar protocol in history. Of their $6.2b in stablecoin supply, they're Pendle's largest TVL contributor (+$3.5b supplied). This ALONE should make you see green.
🕸️ The Opportunity Within this interconnected web of the largest protocols from DeFi and the most influential companies in TradFi there lies an opportunity. The opportunity for a protocol that can bring them ALL together. That protocol is @Terminal_fi (and also Pendle aha 🫣)
🫧 Terminal as a DEX One of DeFi's largest innovations is decentralized exchanges - contracts that allow users to trade assets without a centralized custodian. At its core, Terminal is a DEX. When you consider it's positioning, however, its a lot more than that.
🔃 Terminal as the Converge Liquidity Layer Funny thing about Converge is TradFi is locked into playing by DeFi rules. Trading on-chain? You're trading on DEXs, Trading on @convergeonchain? You're trading on Terminal. That's both sides of the aisle captured by ONE protocol.
Now intern's not gonna lie to you and say 15% Implied APY on a no-yield stablecoins a guaranteed punt. He will tell you a veeeeeeeeery similar stable back in the day peaked at 100% Implied and was STILL wildly profitable. NFA Pendle Terminal
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