Recently, BTC has started to fluctuate, leading to an explosion of altcoins, especially many tokens on the BNB chain that have started to rebound. Everyone can wait for their tokens to explode and choose to sell in batches for safety. Just yesterday, Binance announced the launch of the second phase of the HODLer airdrop project: Thena (THE). The snapshot time is set from November 6, 2024, 08:00 to November 14, 2024, 07:59 (UTC+8), rewarding token airdrops for BNB holders.
Since Binance's announcement, THE has surged sevenfold, from 0.2 to the current 1.4. This project is in deep cooperation with lista, and I missed such a good opportunity; I must learn from this painful lesson. Next, let us take a deep dive into this project.
1. Project Overview
Thena, as a decentralized exchange (DEX) and liquidity supply network built on the BNB Chain and opBNB, has unique charm and potential. It was founded by a group of experienced developers deeply engaged in the DeFi field, aiming to break through many obstacles currently faced by the DeFi market, and fully committed to creating a more inclusive, user-friendly, and efficient decentralized financial platform. Its grand vision is to become a 'SuperApp' in the DeFi domain, utilizing modular liquidity solutions to accurately meet the diverse needs of various assets, whether stablecoins, liquid staking tokens, tokenized real assets, Memecoins, or AI tokens, all can find suitable services and application scenarios on its platform.
2. Tokenomics
Token Name: Thena (THE)
Total current supply of tokens: 206,863,770 THE
Maximum token supply: 326,120,291 THE
Total amount of HODLer airdrop tokens: 21,750,000 THE (accounting for 7% of the maximum token supply)
3. Product Advantages and Highlights
1. Innovative ve(3,3) Model: Thena introduces the ve(3,3) model, allowing users to lock $THE tokens as veTHE; the longer the lock-up time, the more voting power one has. This design forms a positive feedback loop between users and the platform, enhancing the platform's liquidity and governance vitality.
2. Dual-layer AMM Model: Thena adopts a combination of vAMM and sAMM to meet the liquidity needs of different asset types. vAMM is suitable for general cryptocurrency asset trading, while sAMM is designed specifically for similar assets (such as stablecoins), providing an extremely low slippage experience.
3. Cross-chain Bridging: Supports cross-blockchain asset transfers, enhancing user flexibility.
4. Asset Acquisition and Yield Services: Users can earn yields through single-token staking or complete instant transactions in the spot market.
5. Trading and Derivatives Services: Supports cryptocurrency derivatives trading and offers high leverage options.
6. Liquidity Management and Incentives: Adopts the ve(3,3) incentive model and modular AMM system to provide liquidity solutions for partners.
7. User Experience: Committed to making on-chain trading simpler, providing a CEX-level user experience for both novices and experienced users.
8. Ecosystem: The Thena ecosystem includes a spot DEX, perpetual contract DEX, social trading platform, and an upcoming project launch platform.
9. Deep Integration: Deep integration with BNB Chain has led to significant improvements in trading speed and effective reductions in slippage.
With the continuous development and growth of the DeFi market, Thena, with its solid technical foundation, rich product ecosystem, and innovative operating model, is expected to attract more users, further enhancing its influence and market share in the DeFi field. Its characteristics of meeting various asset needs will give it an advantage in the new asset wave continuously emerging, creating more diversified investment opportunities and richer returns for users. It is believed that with the active participation and promotion from all sides, the Thena project will shine in the journey of decentralized finance, becoming a brilliant star leading the industry's development and injecting new vitality and vigor into the entire blockchain financial world.
HODLer Airdrop Introduction
The HODLer airdrop mechanism carefully crafted by Binance is highly innovative and attractive. It takes a precise historical snapshot based on the user's BNB holding amount for earning tokens and generously rewards BNB holders with token airdrops. Unlike other methods that require users to continuously perform tedious operations to earn tokens, the HODLer airdrop adopts a retroactive reward model, providing users with a simpler, more convenient, and efficient way to earn tokens. Users only need to use BNB to subscribe to the fixed and/or flexible earning products of the platform to automatically qualify for participating in the HODLer airdrop (as well as Launchpool and Megadrop rewards). No complicated trading operations are required, no need to constantly monitor market fluctuations; just steadily holding BNB and participating in earning product subscriptions can enjoy generous token rewards, truly achieving the investment ideal of 'lying down to earn.'
