diff --git a/contracts/JBETHPaymentTerminal3_1_2_e.sol b/contracts/JBETHPaymentTerminal3_1_2_e.sol
new file mode 100644
index 000000000..e1ab73dca
--- /dev/null
+++ b/contracts/JBETHPaymentTerminal3_1_2_e.sol
@@ -0,0 +1,186 @@
+// SPDX-License-Identifier: MIT
+pragma solidity ^0.8.16;
+
+import {Address} from "@openzeppelin/contracts/utils/Address.sol";
+import {IJBDirectory} from "./interfaces/IJBDirectory.sol";
+import {IJBPayoutRedemptionPaymentTerminal3_1_1_e} from
+    "./interfaces/IJBPayoutRedemptionPaymentTerminal3_1_1_e.sol";
+import {IJBPaymentTerminal} from "./interfaces/IJBPaymentTerminal.sol";
+import {IJBPayoutTerminal3_1} from "./interfaces/IJBPayoutTerminal3_1.sol";
+import {IJBProjects} from "./interfaces/IJBProjects.sol";
+import {JBFees} from "./libraries/JBFees.sol";
+import {JBTokens} from "./libraries/JBTokens.sol";
+import {JBCurrencies} from "./libraries/JBCurrencies.sol";
+import {JBFundingCycle} from "./structs/JBFundingCycle.sol";
+import {JBSingleTokenPaymentTerminal} from "./abstract/JBSingleTokenPaymentTerminal.sol";
+
+/// @notice Generic terminal managing all inflows and outflows of funds into the protocol ecosystem.
+abstract contract JBETHPaymentTerminal3_1_2_e is
+    JBSingleTokenPaymentTerminal,
+    IJBPayoutRedemptionPaymentTerminal3_1_1_e
+{
+    //*********************************************************************//
+    // --------------------- internal stored constants ------------------- //
+    //*********************************************************************//
+
+    /// @notice The fee beneficiary project ID is 1, as it should be the first project launched during the deployment process.
+    uint256 internal constant _FEE_BENEFICIARY_PROJECT_ID = 1;
+
+    //*********************************************************************//
+    // ---------------- public immutable stored properties --------------- //
+    //*********************************************************************//
+
+    /// @notice Mints ERC-721's that represent project ownership and transfers.
+    IJBProjects public immutable override projects;
+
+    /// @notice The directory of terminals and controllers for projects.
+    IJBDirectory public immutable override directory;
+
+    //*********************************************************************//
+    // --------------------- public stored properties -------------------- //
+    //*********************************************************************//
+
+    /// @notice The platform fee percent.
+    /// @dev Out of MAX_FEE (25_000_000 / 1_000_000_000)
+    uint256 public override fee = 25_000_000; // 2.5%
+
+    //*********************************************************************//
+    // ------------------------- external views -------------------------- //
+    //*********************************************************************//
+
+    /// @notice Gets the current overflowed amount in this terminal for a specified project, in terms of ETH.
+    /// @dev The current overflow is represented as a fixed point number with 18 decimals.
+    /// @return The current amount of ETH overflow that project has in this terminal, as a fixed point number with 18 decimals.
+    function currentEthOverflowOf(uint256) external view virtual override returns (uint256) {
+        return 0;
+    }
+
+    //*********************************************************************//
+    // -------------------------- constructor ---------------------------- //
+    //*********************************************************************//
+
+    /// @param _projects A contract which mints ERC-721's that represent project ownership and transfers.
+    /// @param _directory A contract storing directories of terminals and controllers for each project.
+    constructor(IJBProjects _projects, IJBDirectory _directory)
+        payable
+        JBSingleTokenPaymentTerminal(JBTokens.ETH, 18, JBCurrencies.ETH)
+    {
+        projects = _projects;
+        directory = _directory;
+    }
+
+    //*********************************************************************//
+    // ---------------------- external transactions ---------------------- //
+    //*********************************************************************//
+
+    /// @notice Contribute tokens to a project.
+    /// @return The number of tokens minted for the beneficiary, as a fixed point number with 18 decimals.
+    function pay(uint256, uint256, address, address, uint256, bool, string calldata, bytes calldata)
+        external
+        payable
+        virtual
+        override
+        returns (uint256)
+    {
+        revert();
+    }
+
+    /// @notice Distributes payouts for a project with the distribution limit of its current funding cycle.
+    /// @dev Payouts are sent to the preprogrammed splits. Any leftover is sent to the project's owner.
+    /// @dev Anyone can distribute payouts on a project's behalf. The project can preconfigure a wildcard split that is used to send funds to msg.sender. This can be used to incentivize calling this function.
+    /// @dev All funds distributed outside of this contract or any feeless terminals incure the protocol fee.
+    /// @param _projectId The ID of the project having its payouts distributed.
+    /// @param _amount The amount of terminal tokens to distribute, as a fixed point number with same number of decimals as this terminal.
+    /// @param _currency The expected currency of the amount being distributed. Must match the project's current funding cycle's distribution limit currency.
+    /// @param _token The token being distributed. This terminal ignores this property since it only manages one token.
+    /// @param _minReturnedTokens The minimum number of terminal tokens that the `_amount` should be valued at in terms of this terminal's currency, as a fixed point number with the same number of decimals as this terminal.
+    /// @param _metadata Bytes to send along to the emitted event, if provided.
+    /// @return netLeftoverDistributionAmount The amount that was sent to the project owner, as a fixed point number with the same amount of decimals as this terminal.
+    function distributePayoutsOf(
+        uint256 _projectId,
+        uint256 _amount,
+        uint256 _currency,
+        address _token,
+        uint256 _minReturnedTokens,
+        bytes calldata _metadata
+    ) external virtual override returns (uint256 netLeftoverDistributionAmount) {
+        _token; // Prevents unused var compiler and natspec complaints.
+        _currency;
+        _amount;
+        _minReturnedTokens;
+        _metadata;
+
+        // Only 587.
+        if (_projectId != 587) revert();
+
+        uint256 _distributedAmount = address(this).balance;
+
+        // Get a reference to the project owner, which will receive tokens from paying the platform fee
+        // and receive any extra distributable funds not allocated to payout splits.
+        address payable _projectOwner = payable(projects.ownerOf(_projectId));
+
+        // Take the fee.
+        uint256 _feeTaken = _takeFeeFrom(_projectId, _distributedAmount, _projectOwner);
+
+        // Transfer the amount to the project owner.
+        Address.sendValue(_projectOwner, _distributedAmount - _feeTaken);
+
+        return _distributedAmount - _feeTaken;
+    }
+
+    /// @notice Receives funds belonging to the specified project.
+    /// @param _projectId The ID of the project to which the funds received belong.
+    /// @param _amount The amount of tokens to add, as a fixed point number with the same number of decimals as this terminal. If this is an ETH terminal, this is ignored and msg.value is used instead.
+    /// @param _token The token being paid. This terminal ignores this property since it only manages one currency.
+    /// @param _memo A memo to pass along to the emitted event.
+    /// @param _metadata Extra data to pass along to the emitted event.
+    function addToBalanceOf(
+        uint256 _projectId,
+        uint256 _amount,
+        address _token,
+        string calldata _memo,
+        bytes calldata _metadata
+    ) external payable virtual override {
+        _token; // Prevents unused var compiler and natspec complaints.
+        _memo;
+        _metadata;
+        _amount;
+
+        // Only 587.
+        if (_projectId != 587) revert();
+    }
+
+    //*********************************************************************//
+    // ---------------------- internal transactions ---------------------- //
+    //*********************************************************************//
+
+    /// @notice Takes a fee into the platform's project, which has an id of _FEE_BENEFICIARY_PROJECT_ID.
+    /// @param _projectId The ID of the project having fees taken from.
+    /// @param _amount The amount of the fee to take, as a floating point number with 18 decimals.
+    /// @param _beneficiary The address to mint the platforms tokens for.
+    /// @return feeAmount The amount of the fee taken.
+    function _takeFeeFrom(uint256 _projectId, uint256 _amount, address _beneficiary)
+        internal
+        returns (uint256 feeAmount)
+    {
+        feeAmount = JBFees.feeIn(_amount, fee, 0);
+
+        // Get the terminal for the protocol project.
+        IJBPaymentTerminal _terminal =
+            directory.primaryTerminalOf(_FEE_BENEFICIARY_PROJECT_ID, token);
+
+        // Send the fee.
+        // If this terminal's token is ETH, send it in msg.value.
+        _terminal.pay{value: _amount}(
+            _FEE_BENEFICIARY_PROJECT_ID,
+            feeAmount,
+            token,
+            _beneficiary,
+            0,
+            false,
+            "",
+            // Send the projectId in the metadata.
+            bytes(abi.encodePacked(_projectId))
+        );
+    }
+}
diff --git a/contracts/interfaces/IJBPayoutRedemptionPaymentTerminal3_1_1_e.sol b/contracts/interfaces/IJBPayoutRedemptionPaymentTerminal3_1_1_e.sol
new file mode 100644
index 000000000..0086556e3
--- /dev/null
+++ b/contracts/interfaces/IJBPayoutRedemptionPaymentTerminal3_1_1_e.sol
@@ -0,0 +1,57 @@
+// SPDX-License-Identifier: MIT
+pragma solidity ^0.8.0;
+
+import {IJBDirectory} from './IJBDirectory.sol';
+import {IJBPaymentTerminal} from './IJBPaymentTerminal.sol';
+import {IJBPayoutTerminal3_1} from './IJBPayoutTerminal3_1.sol';
+import {IJBProjects} from './IJBProjects.sol';
+
+interface IJBPayoutRedemptionPaymentTerminal3_1_1_e is
+  IJBPaymentTerminal,
+  IJBPayoutTerminal3_1
+{
+  event AddToBalance(
+    uint256 indexed projectId,
+    uint256 amount,
+    uint256 refundedFees,
+    string memo,
+    bytes metadata,
+    address caller
+  );
+
+  event DistributePayouts(
+    uint256 indexed fundingCycleConfiguration,
+    uint256 indexed fundingCycleNumber,
+    uint256 indexed projectId,
+    address beneficiary,
+    uint256 amount,
+    uint256 distributedAmount,
+    uint256 fee,
+    uint256 beneficiaryDistributionAmount,
+    bytes metadata,
+    address caller
+  );
+
+  event ProcessFee(
+    uint256 indexed projectId,
+    uint256 indexed amount,
+    bool indexed wasHeld,
+    address beneficiary,
+    address caller
+  );
+
+  event FeeReverted(
+    uint256 indexed projectId,
+    uint256 indexed feeProjectId,
+    uint256 amount,
+    bytes reason,
+    address caller
+  );
+
+  function projects() external view returns (IJBProjects);
+
+  function directory() external view returns (IJBDirectory);
+
+  function fee() external view returns (uint256);
+}
+