🔈🔈 @Terminal_fi: From Permissionless DEX to Liquidity Bridge for Institutions
💥 After Ethena set a new standard for high-yield stablecoins with USDe and sUSDe, the market is witnessing an important transition: bringing that yield into institutional-scale liquidity layers.
💥 And Terminal is the strategic piece in this puzzle — expanding DeFi infrastructure into the realm of compliant capital, where institutions can transparently, efficiently, and fully on-chain participate in the USDe liquidity flow.
💥 Week 4 in the roadmap, Terminal opens a bold new chapter: bringing institutional liquidity fully on-chain. This is not just a technical advancement, but a strong statement proving that DeFi can coexist with the scale and compliance requirements of traditional finance.
💎 KYC Pools – Strategic Gateway for Institutional Capital
💥 The biggest barrier for institutions has always been legal uncertainty. Terminal addresses this with KYC Pools, in collaboration with Securitize:
✔️ Participation mechanism: Only wallets that have completed KYC/AML are allowed. After whitelisting, transactions still occur permissionless within the pool.
✔️ Structure & integration: These pools can mimic the structure of permissionless pools but with restricted access, supported by compliant oracles and identity verification.
✔️ Core value: This is the perfect balance — strict compliance on one side, and the efficiency and flexibility of DeFi on the other. It is the solution that institutions have been waiting for to step into the on-chain market.
⭐️ New ERC Standard Redefining On-Chain Securities
💥 #Terminal is also developing a specialized ERC standard for tokenized stocks, designed to directly handle complex corporate actions on-chain:
✔️ Stock management: Stock splits executed directly within the token logic.
✔️ Shareholder rights: Voting rights and board participation are integrated as native on-chain actions.
✔️ Corporate actions: Dividends, stock buybacks, rights offerings → transparent, automated, and fully auditable.
🚩 This initiative positions Terminal as the liquidity layer for the entire on-chain securities market — from stocks, bonds to compliant wrappers like iUSDe. It asserts the argument that tokenizing RWA will far exceed stablecoins to encompass many other types of traditional assets.
👑 Strategic Information (Not Yet Public)
✔️ Optimizing tUSDe yield: The natural yield of sUSDe will be directly distributed to YT holders, creating buying pressure and pushing the APR of PT higher. This will make tUSDe the pool with the highest APR in the entire USDe ecosystem if liquidity meets optimal conditions.
✔️ Expanding with Plasma: Terminal will deploy on Plasma, allowing for large-scale infrastructure expansion and preparing to welcome the next wave of retail entering crypto/DeFi.
📣 Positioning & Roadmap
✔️ Phase 1: Permissionless DEX — proving demand, liquidity depth, and network effects.
✔️ Phase 2: Institutional DEX — expanding infrastructure to managed on-chain assets and RWA.
🚩 Therefore, Terminal is not just "another DEX." It is becoming the strategic bridge between permissionless liquidity and the institutional market, laying the foundation for the future of on-chain finance.
➡️ Join now:
Tell your mom, tell your neighbours and everyone you love, because @Terminal_fi tUSDe (Dec 2025) just got a whole lot better.
Starting today, tUSDe (Dec 2025) will start accruing 100% of sUSDe yield - a Pendle exclusive 😉
Details below 👇🏻

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