Enfineo

@THENA kicked off the year with solid momentum. Despite broader market headwinds across crypto, THENA delivered strong Q1 performance:
💰 $5.8M in revenue
📊 $8.88B in trading volume

a) Trading Volume: Q1 2024 vs Q1 2025
⬆️ Jan: +410% (3.16B vs 620M)
⬆️ Feb: +116% (3.75B vs 1.73B)
⬇️ Mar: -23% (1.95B vs 2.54B)
📊 Avg Growth: +168%
🌟 Strong early momentum, especially in January & February. March volume slowed, in line with broader market pullbacks, but overall Q1 volume still outperformed by a wide margin

b) $THE Locked: Q1 2024 vs Q1 2025
⬆️ Jan: +32% (145M vs 110M)
⬆️ Feb: +27% (146M vs 114M)
⬆️ Mar: +16% (146M vs 125M)
📊 Avg Growth: +25%
🔒 Avg Lockup Time:
1.813 yrs (2024) → 1.816 yrs (2025)
🌟 Consistent increase in locked $THE and slightly longer lock durations reflect continued user commitment & belief in THENA’s long-term value

c) veTHE Amount: Q1 2024 vs Q1 2025
⬆️ Jan: +32% (132M vs 100M)
⬆️ Feb: +27% (133M vs 104M)
⬆️ Mar: +17% (132M vs 113M)
📊 Avg Growth: +25%
🌟 veTHE growth shows stronger governance participation & alignment with THENA's ability to generate real yield

d) Trading Fees Collected: Q1 2024 vs Q1 2025💸
⬆️ Jan: +159% (1.44M vs 557K)
⬆️ Feb: +113% (1.57M vs 740K)
⬇️ Mar: -60% (1.08M vs 2.71M)
📊 Average Growth: +71%
🌟 Q1 saw significant fee generation in January & February. The March decline reflects reduced trading activity across the entire crypto market

e) Incentives Awarded: Q1 2024 vs Q1 2025💼
⬆️ Jan: +200% (927K vs 309K)
⬆️ Feb: +36% (453K vs 333K)
⬇️ Mar: -29% (319K vs 448K)
📊 Average Growth: +69%
🌟 After a sharp increase in incentives from late 2024 into early 2025, March signaled a shift to levels reflective of the current market landscape. Incentives continue to serve as a tool for protocols to attract veTHE votes & optimize yield distribution

f) Total Revenue: Q1 2024 vs Q1 2025
⬆️ Jan: +173% (2.36M vs 867K)
⬆️ Feb: +89% (2.02M vs 1.07M)
⬇️ Mar: -55% (1.40M vs 3.16M)
📊 Average Growth: +69%
🌟 Even with March tapering, Q1 marked a strong start to 2025 in terms of revenue

g) What’s Ahead🔭
@THENA ’s Q1 growth reinforces its role as a leading DeFi platform on BNB Chain:
💰 Revenue ➔ 69% avg. growth
📊 Trading Volume ➔ 168% avg. growth
The foundation is set for the next chapter:
V3,3:
📊 New AMMs
📈 Code Optimization
🔀 Cross-chain Capabilities
🧩 Hooks (plugins for rapid innovation)
Soft Merger with @VenusProtocol :
🤖 AI automation via #singularryai
💳 Virtual VISA Platinum card via #Enfineo
🔗 Creating THE DeFAI SuperApp: Trading, lending, AI & banking, all in one
The building blocks are in place. Q1 set the tone and 2025 is shaping up to redefine what DeFi on BNB Chain can be🚀

Two major game-changing events are set to redefine @THENA :
🔹 THENA V3,3 → A next-gen upgrade bringing AMM innovations, cross-chain capabilities & smart liquidity solutions
🔹 Soft Merger with @VenusProtocol → A strategic move toward THE DeFAI SuperApp, integrating lending, trading, AI & Web3 banking

a) THENA V3,3 is coming!🔥
👨‍💻 Currently in a closed beta accessible only to a small group
This major upgrade enhances liquidity efficiency & unlocks new DeFi possibilities:
📊 New AMMs
🔀 Cross-chain Capabilities
🧩 Hooks → Plug & play DeFi innovations for LPs & traders
What can Hooks do? (powered by #Brevis )
💰 Volume-based loyalty program → Trade more, pay less
🛡 Smart LP protection → Dynamic fees based on market volatility
💎 Token-Holding Fee Tiers→ Lower fees for long-term $THE holders
📌 In collaboration with @Brickken , THENA is also working on KYC/AML-compliant hooks to unlock tokenized asset liquidity while staying compliant
Built on Algebra’s Integral framework, THENA V3,3 isn't just an upgrade—it’s a complete overhaul designed to make DeFi more efficient, scalable & innovative🚀

b) THENA x Venus: A Soft Merger to Create THE DeFAI SuperApp!🚀
A game-changing deal that will cement @THENA & @VenusProtocol as THE DeFAI SuperApp—combining: Trading, lending, AI automation & Web3 banking
💠 THE Deal
Venus acquires 33% of THENA for $4.5M, unlocking deeper liquidity, lending expansion & enhanced yield strategies
This includes:
🔒 3.68M veTHE ($3M)
💰 1.6M USDT liquidity reserves
🖨️ 25K $THE per week (2.5% of emissions)
🖼 170 NFTs ($500K) = 1% of THENA DEX fees
💵 12% fee revenue from non-staked positions

💠 Key Benefits:
💧 Deeper Liquidity → Strengthening borrowing markets
📈 Higher Yields → More returns from liquidity pools + lending
💳 Web3 Banking → Debit card by #Enfineo for seamless DeFi access
🚀 DeFi & RWA Launchpad → Fueling new projects with liquidity & lending
🤖 AI-Powered DeFi → #Singularry ’s AI agent automates DeFi interactions

🔹 Current State: The Snapshot Vote passed with 95%+ approval. The next step is the VIP Vote!

c) THE Card: Bringing TradFi & DeFi Together💳
A new era of crypto payments is on the horizon! #Enfineo , in collaboration with @VenusProtocol & @THENA , is working on THE Card, a seamless bridge between DeFi & traditional finance
Key Features:
💳 Virtual VISA Platinum card
🌍 Multi-currency bank accounts
💰 Earn up to 15% stablecoin yield
By simplifying on/off-ramps, THE Card aims to accelerate DeFi adoption & unlock new financial possibilities
THE future of crypto payments is coming! Stay tuned!✨

d) Singularry: AI-Powered DeFi at Your Fingertips🤖
DeFi is evolving & #Singularry will bring AI-driven automation to simplify complex strategies for users at all levels
🔹 A Holistic Approach
Swapping, lending & yield farming—all in one place. No more juggling multiple platforms or fragmented liquidity. THE DeFAI SuperApp will unify everything for seamless execution
🔹 AI Agent Layer
Powered by #singularryai, this AI will directly interact with @THENA & @VenusProtocol , enabling:
✅ Smart hedging strategies
✅ Automated risk management
✅ Optimized leveraged yield farming
No deep technical knowledge needed—AI will analyze, optimize & execute strategies for you🚀

e) Closing Thoughts💭
With THENA V3,3 on the horizon & Venus Soft Merger moving to VIP voting, @THENA is evolving into a next-gen DeFi ecosystem with:
📍 Hooks
📍 More efficient AMMs
📍 AI-driven DeFi strategies
📍 Web3 banking integration
📍 Real-World Assets (RWA) support
THE future of DeFi is being built—are you ready?