[Terminal Finance Announces Shutdown Due to Converge Chain Delay, Will Open Source Protocol Codebase] The Ethena ecosystem project Terminal Finance announced on the X platform that the project is shutting down. According to the official statement, Terminal was originally planned to serve as the liquidity hub for the Converge chain. The codebase had been completed and was scheduled to launch in the first quarter of 2025. However, due to the Converge chain not launching as scheduled and no plans for a launch in the near future, the project lacks a supporting ecosystem. Despite exploring various transformation plans, no feasible path was found due to limited support and low asset integration potential. The official team has promised to safeguard the principal for Roots holders, allowing users to withdraw deposits on a 1:1 basis and receive related returns and points. The project’s codebase will be fully open-sourced. Terminal was designed as a MetaDEX, utilizing a new mechanism to address impermanent loss derived from yields and improve the economic model.