THENA is a decentralized finance (DeFi) protocol designed to help projects establish deep liquidity for their tokens while directing resources to their most productive use.
The protocol’s utility token, $THE, serves multiple purposes:
Building and Sustaining Liquidity: THE is distributed as farming rewards to incentivize liquidity providers, ensuring optimal trading conditions.
Decentralized Governance: Users can lock $THE to obtain veTHE, enabling participation in governance, ongoing platform development, and access to weekly revenue. The long-term vision is to achieve full decentralization.
THENA’s ecosystem includes the following key components:
Spot Trading: Facilitates low-slippage decentralized trading with full fund custody.
Perpetual Futures Trading: Offers leverage up to 60x across more than 270 trading pairs for advanced strategies.
Concentrated Liquidity AMM (CLAMM): Allows efficient liquidity provisioning with custom range strategies and enhanced functionality in THENA V3.
Automated Liquidity Management (ALM): Integrates Gamma and ICHI solutions to automate yield optimization, with new vault strategies in collaboration with Lobster.
Yield Farming: Enables users to earn $THE emissions by providing liquidity. #THENA $THE