What is Terminal Finance?
Terminal Finance is a spot decentralized exchange designed for trading institutional assets and reward-bearing digital dollars, powered by the Converge blockchain. The platform serves as a liquidity hub that enables efficient trading of yield-bearing stablecoins like sUSDe across tokenized real-world assets, crypto pairs, and other emerging on-chain instruments. The platform uses concentrated liquidity pools adapted from Uniswap v3, allowing liquidity providers to deploy capital within specific price ranges. This mechanism enables capital-efficient liquidity provision while reducing slippage for traders. Terminal Finance specifically focuses on providing deep liquidity for yield-bearing stablecoins and supporting protocols and institutions in bootstrapping liquidity on the Converge network.
Terminal Finance Airdrop Details
The Terminal Finance Root Access Program is an airdrop opportunity that began on June 26th, focusing on session-based participation rather than traditional seasons. The program rewards users with “Roots” for contributing to Terminal’s liquidity bootstrapping phase through pre-deposit activities. The current first session centers on pre-deposit activities where users can deposit USDe, WETH, and WBTC into base asset vaults. Roots rewards scale linearly with both deposit size and duration – larger deposits held for longer periods earn more rewards. The program includes significant partnership incentives:
Ethena provides a 30x multiplier for USDe deposits, while
ether.fi offers a 3x boost on points for WETH deposits. Users can also earn additional Roots through a referral system that provides 10% of referred users’ earnings as bonus rewards. The first session is expected to conclude within 3 months of Converge’s public mainnet launch.
Step-by-Step Guide: How to Participate in Terminal Finance Root Access Program
- Visit Terminal Finance website
- Acquire Required Assets: Purchase USDe, WETH, or WBTC from Binance or bridge them using Rhino.fi to access the best rates and liquidity.
- Access Pre-Deposit Interface
- Connect Your Wallet: Connect your compatible Web3 wallet to the Terminal Finance platform.
- Navigate to Roots Section: Click on the “Roots” tab to view available deposit options.
- Select Your Asset: Choose from the available assets (USDe, WETH, or WBTC) based on your preference and strategy.
- Enter Deposit Amount: Specify the amount you wish to deposit into the respective vault.
- Execute Pre-Deposit: Confirm the transaction to deposit your assets and receive receipt tokens (tUSDe, tETH, or tBTC).
- Monitor Your Position: Check your position on the Roots page to track your earnings and accumulated rewards.
- Start Earning: Your deposits will begin earning Roots automatically, with rewards distributed every Thursday.
- Refer friends: Share your referral link to earn an additional 10% of the Roots accumulated by users you refer
Visit their official
blog announcement to find more details.
Tips for Maximizing Roots Rewards
Optimize Asset Selection: Consider depositing USDe if you want to maximize multipliers, as it offers a 30x Ethena multiplier. WETH deposits provide 3x boosted ether.fi Loyalty Points, offering dual reward opportunities.
Leverage Deposit Duration: Since Roots rewards scale with both deposit size and duration, plan for longer-term deposits to maximize your earnings. The program is designed for participants with a long-term outlook.
Monitor Withdrawal Timing: While there are no lock-ups and withdrawals can be made anytime, avoid withdrawing during the bridging period to Converge, which will be communicated in advance.
Diversify Across Assets: Consider spreading deposits across multiple assets to benefit from different reward multipliers and reduce concentration risk.
Frequently Asked Questions
What are Roots and how do they work?
Roots are the reward tokens earned through participation in Terminal Finance’s Root Access Program. They scale linearly with both deposit size and duration, meaning larger deposits held for longer periods earn more Roots. Roots are distributed automatically every Thursday to eligible participants.
Can I withdraw my funds before the program ends?
Yes, Terminal Finance allows withdrawals at any time without lock-ups, except during the bridging period to Converge, which will be announced in advance. However, withdrawing early means your position will stop earning additional Roots from that moment.
What happens to my deposits during the program?
Your deposits are used to form trading pairs for Terminal’s launch. USDe deposits are staked as sUSDe, WETH is wrapped as weETH, and WBTC is staked as eBTC. These assets generate yield during the pre-deposit phase, which is directed to a dedicated smart contract on Converge.
Can I earn rewards from other projects simultaneously?
Yes, you can collect both Roots and points from other projects while pre-depositing into Terminal Finance. USDe depositors earn 30x Ethena multipliers, and WETH depositors earn 3x boosted ether.fi Loyalty Points alongside Roots.
Conclusion
Terminal Finance’s Root Access Program offers a structured approach to earning speculative airdrop rewards through meaningful participation in liquidity bootstrapping. The program’s session-based system, combined with significant partner incentives from Ethena and ether.fi, creates multiple reward streams for participants. The linear scaling of Roots rewards with deposit size and duration makes it particularly attractive for users with larger capital allocations and longer-term investment horizons. You're interested in more projects that do not have any token yet and could potentially airdrop a governance token to early users in the future? Then check out our
list of potential retroactive airdrops to not miss out on the next DeFi airdrop!
Airdrop unconfirmed
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