1. What is THENA?
Thena (THE) is a decentralized exchange (DEX) and liquidity platform that operates on the BNB Chain and opBNB. This simplifies token swaps, cross-chain transfers, and liquidity management, creating a seamless experience for DeFi users.
vision
Thena aims to revolutionize decentralized finance by becoming the ultimate “SuperApp” for on-chain users and providing a seamless CEX-grade experience in a fully decentralized environment.
The platform's vision extends beyond trading, establishing itself as the most adaptable liquidity layer within the ecosystem. Thena is built to address a wide range of partner liquidity needs, including stablecoins, liquid staking tokens (LSTs), tokenized real-world assets (RWAs), memecoins, AI tokens, and more .
2. Tena Ecosystem
spot dex
Thena's Spot DEX offers users fast, low-cost swaps across a wide range of digital assets. Leveraging ODOS routing technology, it ensures optimal trading with minimal slippage across Thena's liquidity pools within a secure and easy-to-use interface.
The platform also integrates ORBS Liquidity Hub, an advanced optimization layer that leverages external liquidity sources to improve price execution and reduce price impact. If an external source cannot offer a better rate, the transaction will seamlessly default to Thena's AMM contract.
ALPHA: Perpetual DEX
ALPHA is a cutting-edge perpetual DEX created by Thena that offers up to 60x leverage on over 150 crypto assets.
The platform features an Automated Market For Quotes (AMFQ) engine that combines order books and AMM to improve capital efficiency. ALPHA isolates counterparty risk and ensures a secure and trustless trading experience with collateral-backed contracts.
ARENA: Where SocialFi meets trading
ARENA is a social hub for trading contests that is fully integrated into the Thena ecosystem. This allows whitelisted partners to create customizable, permissionless trading competitions across spot and permanent markets.
Designed as a growth hacking tool, ARENA helps partners increase community engagement, increase brand awareness, and drive user acquisition and retention. It also enhances website traffic and deepens liquidity within Thena, providing valuable benefits to both partners and users.
WARP: Future Launchpad
WARP is an upcoming launchpad within the Thena ecosystem, designed to support new projects and tokens. It provides a platform for innovative ventures to launch, gain exposure, and grow within the DeFi space, helping to fuel the next wave of decentralized projects.
3. Main features of THENA
ve(3,3) governance model
Inspired by Solidly and Aerodrome, THENA's emissions allocation system allows veTHE holders to vote on liquidity pool incentives. This model fosters collaboration between stakeholders and fosters an efficient and sustainable ecosystem.
Advanced liquidity tools
THENA V3,3 introduces cutting-edge features such as plugins (equivalent to hooks in Uniswap V4), modular design, weighted pools, and metastable pools. These tools enhance customization and optimize liquidity management.
cross-chain governance
THENA will extend its governance framework across multiple networks, starting with opBNB. This allows veTHE holders to shape their liquidity strategy beyond a single blockchain.
Community-driven success
THENA operates without venture capital and has redistributed over $25 million in total revenue directly to token holders. Its growth is supported by strategic collaborations with community and ecosystem partners.
4. Tena Tokenomics
Thena creates a sustainable and valuable ecosystem for users, liquidity providers, and token holders through the $THE utility token, veTHE governance token (as an NFT), and NFT collection.
$THE – BEP-20 Utility Token
$THE is the core utility token of the Thena protocol. It is mainly used for:
Promoting Liquidity: Issued as farming rewards to promote deep liquidity for optimal trading. Decentralized Governance: $THE can be used in platform governance and supports the path to decentralization.
veTHE – Governance Token (NFT)
veTHE is a voting escrow version of $THE and is issued in the form of an NFT. Users lock their $THE tokens for up to two years to receive veTHE, with longer lock periods granting more voting rights.
Dynamic Rewards: veTHE balance decreases over time, encouraging continued participation. Revenue sharing: veTHE holders earn 90% of transaction fees and 10% of protocol voting incentives.
theNFT – Founders Token (NFT)
theNFT is a non-dilutive collection that can be staked for revenue sharing.
Revenue Sharing: Staking theNFT gives the owner 10% of the total transaction fees and royalties from secondary sales of theNFT.
5. Binance Airdrop’s Thena Token (THE) HODLER
Symbol: THE
Blockchain: BNB Chain
Smart contract: 0xF4C8E32EaDEC4BFe97E0F595AdD0f4450a863a11
Current price: $3.67
Market capitalization: $281.61 million
Circulating supply amount: 78.14 million THE
Data retrieved from CoinMarketCap, November 28, 2024
Token allocation
Thena's initial token distribution is structured as follows:
User and Partner Airdrop: 25% Ecosystem Development Fund: 25% Protocol Airdrop: 19% Development Team: 18% NFT Minter: 9% Initial Liquidity Provision: 4%
Token issuance schedule
$THE will release 2.6 million tokens every week, and emissions will decrease by 1% every week. This gradual reduction is intended to control token inflation over time. The ultimate impact of this approach on the ecosystem will depend on user engagement and protocol activity.
Weekly emissions: 2,600,000 THE (1% weekly reduction). Maximum supply based on 1% weekly decay: 310,000,000 $THE.
Source link
