Converge, Terminal and Pendle: The DeFi Trifecta Welcome to the new era of DeFi, where institutional assets meet on-chain rewards. Converge, Terminal and Pendle form a powerful trio built for the next generation of capital. TL;DR • @convergeonchain is The New Chain for Tradfi and Digital Dollars • @Terminal_fi is The Liquidity Engine of Converge • @pendle_fi is The Amplifier Let's dive in ↓

1 - Why Terminal Finance Chose Converge ➢ Ethena helps grow sUSDe, a yield-generating stablecoin. This gives Converge a strong foundation. ➢ Converge is backed by Securitize, making it attractive to traditional finance and institutions. ➢ TradFi has cheaper capital. On-chain stablecoins like sUSDe could bring 10x more interest from institutions. ➢ Asset managers want better yield strategies. sUSDe supports this with funding rate tokenization. ➢ Apps built on sUSDe benefit from built-in yield, lowering costs and improving performance. ➢ Converge gets exclusive access to special products like iUSDe for institutional use.

2 - Terminal Finance: The Liquidity Engine of Converge Terminal Finance is building the primary liquidity layer of the Converge chain, designed to bring institutional capital, RWAs, and yield-bearing stablecoins together. No new token for Converge → $TML will be the first native token of the Converge chain. Backed by Ethena and Securitize, the infrastructure is aligned with TradFi-grade standards, but with DeFi-native yield mechanics. Terminal is the home of on-chain real yield.

3 - Terminal Mechanics Terminal Finance has hit $129M TVL ↓ • USDe: $82.5M • WETH: $33.3M • WBTC: $14.2M → 75% of TVL is already flowing through Pendle Deposit USDe, WETH, or WBTC on Ethereum mainnet → Get receipt token like tUSDe, tETH and tBTC → Earn Roots The longer & bigger the bag, the higher the multiplier. Funds stay on Ethereum now and will later be bridged to Converge at launch. Vault Caps ↓ • USDe: $150M (open) • WETH: 10,000 (final cap) • WBTC: 150 (final cap) → Once caps are filled, no more deposits.

4 - Max yield and Max points → One venue: Pendle As always → @pendle_fi is the best place to maximize yield and optimize your points farming ➢ USDe • Earn 11.39% fixed APY with PT tUSDe, The Highest Ethena Fixed Yield • LP tUSDe with 14% APY, 60x Roots + 50x Sats • Holding 1 YT tUSDE → Earn 60X Roots + 50X Sats • 1 USDe = 50 YT tUSDe • YT Rewards: 3000X Roots+ 2500X Sats ➢ WETH • Earn 4.13% fixed APY and with PT tETH • LP tETH for 3.1% APY, 30x Roots + 3x EtherFi • Holding 1 YT tETH → Earn 30x Roots + 3x EtherFi • 1 tETH = 122 YT tETH • YT Rewards: 3660x Roots + 366x EtherFi ➢ WBTC • Earn 1.59% fixed APY with PT tBTC • LP tBTC for 4.06% APY, 15x Roots • Holding 1 YT tBTC → Earn 15x Roots

5 - Real DeFi is back RWAs via Securitize and Converge → entering DeFi with yield. USDe and Ethena → pushing stablecoin-based yield strategies. Terminal → DEX + point farming + airdrop meta. Pendle → unlocks fixed yield + YT farming