To all who have been interested in the $THE since yesterday, here is the post.
It's not just a token; it also grants you rights. When you lock this token, you get a veTHE, which gives you voting rights for THENA. By exercising these voting rights, you receive the corresponding earnings for what you vote on.
For every 1000 voting rights, you received an average of $9-$14 yesterday, which you can exercise per epoch, securing income from the generated platform fees. All earnings that Thena generates in fees are distributed to these locked tokens.
There are two ways to acquire these voting rights:
First Way: You take the THE token and lock it via the THENA website itself.Second Way: You look for whether such a veTHE is for sale. Here you can find very good bargains, allowing you to get more votes for the same money than if you were to lock it yourself.
Here are some examples:
veThena Lock #18411
contains 1622 $THE tokens, thus having a value of approximately $6000. It is offered for $5000, making it significantly cheaper than locking it yourself.
For those interested in a larger one, you can also find:
veThena Lock #18410
Value $18300,
Cost $15300.
It's important here to always verify the value, as unfortunately, this is not visible on the marketplace. For this, I always use the veNFT checker: you find the link in the Discord of THENA.
veNFT CheckerEnter the lock number and check the content!
You can find the veTHE at: Element Market
Link to it also on THENA Discord: