THE1: THENA’s First Governance Proposal is LIVE for voting!🚀

THE proposal suggests minting 25M additional $THE tokens to strengthen THENA’s ecosystem!

Here’s what you need to know:

🔸Why is this necessary?

THENA was designed for decentralized ownership, with 53% of $THE airdropped to users & protocols!

But with rapid growth, the ecosystem fund is currently insufficient to sustain & accelerate continued expansion!

🔸What’s the solution?

Mint 25M $THE to increase the total supply from 302.19M to 327.19M, boosting the ecosystem fund to support key initiatives!

🔸What will the tokens be used for?

🌟Strategic Exchange Listings!

🌟Market Making (DEX and CEX)

🌟Grant Fund to Attract Builders!

🌟Marketing & Global Expansion!

🌟veTHE Allocation for Future Team Members!

🌟Community Engagement & Governance Participation!

🔸Current Tokenomics:

🔹Circulating supply: 53M $THE

🔹Minted tokens: 65% of max supply

🔹Revenue to veTHE holders: $23.7M

🔹veTHE locking rate: 76% (average lock: 1.78 years)

🔸How will the minting work?

A new Minter contract will allow THENA Multisig to mint 25M $THE tokens once!

The funds will be managed transparently, with regular updates to the community on how they are being used to boost the ecosystem!

🔸Why now?

The DeFi landscape moves fast & THENA needs the resources to act on strategic opportunities, like securing major exchange listings & attracting builders to stay competitive!

Vote now at THENA Governance page!

Let’s shape the future of THENA together!