After Banana Gun (BANANA), Binance recently announced the second project to launch on the Binance Airdrops Portal, Thena ($THE)
The project is set to be listed on Binance on November 27.
What is Thena?
Thena is a decentralized exchange (DEX) and liquidity layer built on BNB Chain and opBNB is currently part of Binance's HODLer Airdrops program.
The project is designed to optimize liquidity management and provide advanced tools for traders, liquidity providers, and projects.
Launched in early 2023, Thena has redefined DeFi by integrating innovative features, robust governance mechanisms, and a community-oriented approach.
The ultimate goal is to build a financial "SuperApp" to bring DeFi to everyone.
Highlights of Thena
ve(3,3) model:
This governance model is inspired by Solidly and is similar to Aerodrome, allowing for flexible and efficient allocation of rewards (emissions) to liquidity pools.
This allocation is made through voting by veTHE holders – the governance token. This system helps balance the interests of projects, liquidity providers, and token holders, ensuring all parties benefit from the platform's development.
Advanced liquidity tools:
THENA V3.3 brings many breakthrough features such as Plugins (also known as Hooks – similar to the feature of Uniswap V4), enhanced customizable modules, along with Weighted Pools and Metastable Pools.
These tools provide optimal liquidity management capabilities with high customization levels, suitable for various strategies, helping users optimize their performance on the platform.
Cross-Chain Governance
THENA expands its governance capabilities across multiple blockchains, allowing veTHE holders to manage incentives and liquidity rewards across various networks. This feature's initiation takes place on opBNB, laying the groundwork for future cross-chain interoperability.
Community-driven growth
Since launch, Thena has generated over $25 million in revenue, and all of this money has been redistributed to token holders.
Notably, the project does not receive any investments from VCs, and all development is driven by community support and partners in the ecosystem.
The importance of the project
Native liquidity layer on BNB Chain
As a leading DEX and liquidity hub on the BNB Chain, THENA plays a crucial role in providing deep liquidity and efficient trading infrastructure for DeFi protocols.
Enterprise-level solutions
THENA is bridging the gap between DeFi and traditional finance by integrating solutions related to Real World Assets (RWA), compliance tools, and advanced liquidity management strategies.
Strong partner ecosystem
Collaborations with protocols such as Venus Protocol, Lido Finance, and Lista DAO demonstrate THENA's role as a key driver of innovation in the BNB Chain ecosystem.
Token information
Token name: Thena (THE)
Standard: BEP-20
Total token supply: 206,863,770 THE
Maximum token supply: 310,000,000 THE
HODLer Airdrops allocation: 21,750,000 THE (7% of maximum token supply)
Contract: 0xF4C8E32EaDEC4BFe97E0F595AdD0f4450a863a11
Airdrop details
This is a reward program for BNB holders based on an airdrop of tokens derived from their historical BNB balance snapshot. By depositing BNB into Simple Earn Flexible or Locked products, users will automatically qualify for Airdrops, as well as Launchpool and Megadrop rewards.
Users who registered their BNB into Simple Earn Flexible or Locked products from 7:00 on November 6, 2024, to 6:59 on November 14, 2024 (UTC+7) will receive the THE airdrop.
Spot Wallet distribution: 1 hour before trading starts.
THE Exchange
Binance lists THE:
Time: 17:00 on November 27, 2024
Trading pairs: THE/BTC, THE/USDT, THE/BNB, THE/FDUSD, and THE/TRY.
Register for a Binance account at the link: REGISTER LINK
Investors and partners
Funding from BNB Chain: THENA has recently received funding from BNB Chain to develop a social trading platform called THENA ARENA.No funding from venture capital (VC): THENA was launched fairly, without relying on any investment from large investment funds. Instead, the project received $1 million in fully community-supported funding.
Roadmap
Learn More
Website https://www.thena.fi
Medium https://medium.com/@ThenaFi
Twitter @ThenaFi_
Discord https://discord.gg/thena
Telegram https://t.me/Thena_Fi
Docs https://docs.thena.fi/thena/official-links