Thena coin is a decentralized coin, as shown below:

- Based on decentralized networks: Thena is built on decentralized blockchain networks such as BNB Chain and OP BNB. These networks are jointly maintained by many nodes, and there is no single centralized control agency, which ensures the decentralization of transactions and the immutability of data.

- Decentralized platform operation: As a decentralized exchange, Thena's operation does not rely on centralized institutions or organizations. The automatic matching and execution of transactions through smart contracts reduces the risks of human intervention and centralized control. Users can trade freely on the platform without relying on centralized intermediaries.

- Decentralized governance mechanism: Thena adopts the ve(3,3) model. Users can lock $THE tokens as veTHE to participate in platform governance. Users holding veTHE can vote on important matters such as the allocation of liquidity pool incentives. This mechanism makes the governance of the platform dispersed among many users, rather than being controlled by the project party or a few people, reflecting the decentralization of governance.

- Decentralized fund management: In Thena's ecosystem, the management and use of funds are relatively decentralized. For example, liquidity providers can decide to invest funds in different liquidity pools to obtain returns and participate in the operation of the platform, rather than centralized institutions allocating funds uniformly.